Forensic Accountants Are Sometimes Used to

question 96

Multiple Choice

Forensic accountants are sometimes used to

• A) ensure the accounting system adheres to GAAP.
• B) track down hidden funds in business firms.
• C) ensure auditors follow auditing standards.
• D) ensure businesses remain profitable.
• E) all of these.

---

Definitions:

Subjective Approach

A method of decision making or analysis that is based on personal judgment, opinions, or preferences rather than objective data.

Simple Event

An event consisting of only one outcome in a probability experiment.

Sample Space

The set of all possible outcomes of a random experiment or event.

At Least 3

A criterion stating that a condition or quantity should be three or more, not less.