Forensic Accounting

Category - Fundamental Forensic Knowledge

Which of the following types of data should be gathered and preserved?
  1. Financial statements
  2. Market evaluation plan
  3. Industry analysis
  4. Legal documents
  5. All of the above
Explanation
Answer: E - After prior evaluation of the engagement process, the practitioner should proceed to determine which types of information is required to perform the task effectively. Financial statements, a market evaluation plan, an industry analysis, and legal documents are all integral to the information gathering process.
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