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Forensic Accounting

Category - Specialized Forensic Knowledge

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Which of the following statements are TRUE about ex ante analysis?

It accounts for risk
It is not often used
It is only used if the law permits
Its usage requires practitioner’s consent

Explanation

Answer: A - One of the factors that describe ex ante analysis is the fact that it accounts for risk. The risk factor is obvious, and for this reason, this analysis should account for it to make the analysis comprehensive, effective and comprehendible.

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