Which of the Following Is an Advantage of Third-Party Data

question 43

Multiple Choice

Which of the following is an advantage of third-party data source?

• A) It can be obtained independently by the forensic accountant, without the assistance of the subject or engaging counsel.
• B) It is outside the subject's ability to manipulate.
• C) It is direct and accessible.
• D) It can give an insight on the environment in which the subject operates.

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Definitions:

Government Protection

Measures undertaken by governments to safeguard industries, workers, consumers, or the environment from harm or unfair practices.

Technological Advance

The development and application of new technologies and processes that improve efficiency, productivity, or bring new products to the market.

Product Demand

The desire or need for a specific product or service combined with the capacity to purchase it.

Revenues

The income received by a business from its various activities, typically from the sale of goods and services to customers.