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Questions and Answers
Which of the following is the primary purpose of forensic accounting?
Which of the following is the primary purpose of forensic accounting?
- To manage a company's tax filings
- To prepare financial statements for a company
- To provide legal advice to clients
- To detect and prevent financial fraud (correct)
When is forensic accounting typically used?
When is forensic accounting typically used?
- To determine employee salaries
- To manage a company's investments
- To investigate allegations of financial misconduct (correct)
- To prepare a company's budget
What kind of fraud can forensic accounting investigate?
What kind of fraud can forensic accounting investigate?
- Stock market fraud (correct)
- Real estate fraud
- All of the above
- Healthcare fraud
Which of the following is NOT a potential type of fraud that forensic accounting can investigate?
Which of the following is NOT a potential type of fraud that forensic accounting can investigate?
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What is the purpose of forensic accounting in investigating allegations of financial misconduct?
What is the purpose of forensic accounting in investigating allegations of financial misconduct?
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In what setting are the findings of a forensic accounting investigation typically presented?
In what setting are the findings of a forensic accounting investigation typically presented?
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