Practice Quiz

Forensic Accounting

Category - Specialized Forensic Knowledge

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Which of the following justifies a modification (increase or decrease) in an award?
  1. Inflation
  2. Increased education costs
  3. Spouse’s will
  4. All of the above
Explanation
Answer: D - Modifications, whether an increase or decrease, in an award is not based only on the spouse’s will alone. There are other contributing factors that pave the way for such a change. Inflation and increased education costs are among the primary reasons for any modification in an award. Other reasons may include a change in income level.
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