Practice Quiz

Forensic Accounting

Category - Fundamental Forensic Knowledge

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What does ‘completeness of information’ in a litigation engagement refer to?
  1. Information covers all the aspects including prior engagements, if any
  2. It is completed and prepared on time
  3. It is completed as per client’s requirements
  4. All of the above
Explanation
Answer: A - Completeness of information is a key aspect to consider. When gathering information, incomplete pieces of information is not useful in litigation engagements. Therefore, a practitioner should rely on information that covers all the aspects, including historical data analysis.
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