Mastering Forensic Accounting
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Questions and Answers

Forensic accountants are often called upon by which of the following entities?

  • Universities
  • Banks (correct)
  • Movie theaters
  • Restaurants
  • What is the main purpose of forensic accounting?

  • To uncover and investigate financial crimes (correct)
  • To provide financial advice to individuals
  • To conduct audits for government agencies
  • To manage financial records for businesses
  • What contributes to the growth of the forensic accounting profession?

  • Increase in fraud detection technology
  • Decrease in financial crimes
  • Decrease in cushy crimes
  • Increase in law enforcement agencies (correct)
  • What role can a forensic accountant play in court?

    <p>Expert witness</p> Signup and view all the answers

    What is the key factor that determines the validity of results found by a forensic accountant?

    <p>The knowledge and skills of the forensic accountant</p> Signup and view all the answers

    Which of the following is NOT a role that a forensic accountant can play in court?

    <p>Prosecutor</p> Signup and view all the answers

    What is one reason why banks and insurance companies have started using forensic accountants?

    <p>To investigate financial crimes</p> Signup and view all the answers

    What is the main purpose of scientific bookkeeping in relation to financial crime?

    <p>To reveal or detect financial crimes</p> Signup and view all the answers

    What is a key factor that determines the validity of results found by a forensic accountant?

    <p>The knowledge and skills of the forensic accountant</p> Signup and view all the answers

    What has contributed to the growth of the forensic accounting profession?

    <p>An increase in cushy crimes</p> Signup and view all the answers

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