Practice Quiz

Forensic Accounting

Category - Fundamental Forensic Knowledge

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How can admissions be helpful?
  1. It helps bridge the gap between the two parties
  2. It helps overcome factual issues related to an engagement
  3. It makes the trial process shorter
  4. All of the above
Explanation
Answer: B - When the opposing party gives an admission to the fact, it streamlines the litigation process. This is done by overcoming the factual issues related to an engagement.
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