Data Requests Should Be Specific Because

question 24

Multiple Choice

Data requests should be specific because

• A) vagueness is a basis for objection by the opposing party.
• B) it requires lesser initial efforts.
• C) with lesser specificity, there is a greater risk of accidental exclusions.
• D) it eliminates the requirement of any supporting documents.

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Definitions:

Amortization Expense

The method of slowly expensing the original cost of a non-physical asset throughout its lifetime of use.

Organization Costs

Expenses related to the formation of a corporation, partnership, or other entity.

Accounting Fees

Charges for services provided by accountants or accounting firms related to financial reporting, tax preparation, and audit services.