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Forensic Accounting

Category - Specialized Forensic Knowledge

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When is the best time to initiate help to a troubled business?

When the business is initiated
When the company is registered
When the memorandum of association is approved
When the debtor-creditor system fails, and the business begins to decline

Explanation

Answer: D - It is important for the financial advisor to consider instances when a business requires help. Details to consider are the debtor and creditor lists. Once the business begins to decline, the financial advisor should step in to assist.

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Forensic Accounting

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