Consistent Practices Help Verify Your Work and Enhance Your Credibility

question 36

Essay

Consistent practices help verify your work and enhance your credibility, so you must handle all evidence consistently. Explain why it's important to apply the same security and accountability controls for evidence in a civil lawsuit as in a major crime.

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Definitions:

Business Conditions

The state of the economic and market environment that affects the operation, performance, and strategy of companies.

Real Options

Financial analysis techniques that value the flexibility of making future investment choices under uncertain conditions.

Worst Case Scenario

The most adverse or negative outcome that can happen in a given situation.

Potential Cash Flows

Forecasted cash receipts and payments that a company expects from its operations and investments.