Forensic Accounting Can Be Defined as ________

question 44

Multiple Choice

Forensic accounting can be defined as ________.

• A)investigating possible fraud
• B)designing internal controls and other corporate governance mechanisms
• C)calculating estimates used in financial reports
• D)applying accounting and auditing skills in an action under civil or criminal law

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Definitions:

Binomial Distribution

A probability distribution that summarizes the likelihood that a value will take one of two independent states under a given number of parameters.

At Most One

Indicates a restriction or condition where the maximum number of occurrences or instances is one.

Standard Deviation

A statistical measure of the dispersion or variability of a set of numbers, indicating the average distance from the mean.

Montana Highways

Refers to the network of state and interstate highways that crisscross the state of Montana, serving as important transportation routes.