Forensic Accounting

Category - Fundamental Forensic Knowledge

What is a request for admission?
  1. A written statement testifying that the litigation engagement has initiated
  2. A statement that the trial has started
  3. A statement by the client whereby he agrees to provide necessary information
  4. A statement seeking the opposing party’s verification of information provided as fact
Explanation
Answer: D - Requests for admissions is a discovery device either parties can use to request admittance or denial of facts under oath. It facilitates streamlining of the entire litigation process.
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