Forensic Accounting

Category - Specialized Forensic Knowledge

Which of the following is better?
  1. Ex ante analysis
  2. Ex post analysis
  3. It is situational; varies from case-to-case
  4. All of the above
Explanation
Answer: C - There can never be an all-encompassing response to the question. Ex ante and ex post cannot be studied in terms of which one is better. It depends on the situation, what the dynamics are, and what a situation calls for. Depending on these factors, ex ante or ex post is chosen. The hybrid approach, which incorporates a mix of both approaches, can also be considered.
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