Forensic Accounting

Category - ABFA General Topics

Which of the following is TRUE?
  1. Forensic accounting is a relatively new concept
  2. Forensic accounting is an old concept
  3. Forensic accounting is a sub-field of auditing
  4. Forensic accounting analysts are called auditors
Answer: A - Forensic accounting is a relatively new concept. It has evolved over the years, and has made many strides. Forensic investigators have, somewhat, revolutionized the industry by laying down the foundations of forensic accounting.
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