When Evaluating Evidence,the Forensic Accountant Should Make an Effort to Document

question 47

Multiple Choice

When evaluating evidence,the forensic accountant should make an effort to document and date all items considered.Which of the following statements is true of this data log?

• A) It should include speculations, in addition to facts and direct observations.
• B) It helps keep the process on track and avoid duplication of efforts.
• C) It cannot be used by the opposing counsel to challenge the expert witness.
• D) It serves as evidence by itself.

---

Definitions:

U.S. Commerce

pertains to the buying, selling, and trading of goods and services within the United States or between the United States and foreign countries.

Relevant Product Market

A defined market segment that includes products or services considered by consumers to be close substitutes for one another.

Monopolization Cases

Legal cases involving allegations of monopolistic practices that violate antitrust laws.

Monopoly Power

The capability of a single entity or company to control or influence the market price or supply of a good or service, limiting competition.