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Author Question: Which of the following engagements allows the forensic accountants to apply any approaches and ... (Read 157 times)

khang

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on: Jul 6, 2018
Which of the following engagements allows the forensic accountants to apply any approaches and methods deemed appropriate?
 
  A) valuation engagement
  B) calculation engagement
  C) consultation engagement
  D) standardization engagement

Question 2

Transactions can be recorded in QuickBooks by
 a. journal entry method.
   b. Getting Around screen.
   c. general ledger method.
   d. both a and b.
   e. both b and c.


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chevyboi1976

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Reply #1 on: Jul 6, 2018
Answer to Question 1

A
Explanation: A) A valuation engagement is a comprehensive effort wherein the forensic accountant is responsible for a full development of the case facts and is free to apply any approaches and methods deemed appropriate, resulting in a conclusion of value.

Answer to Question 2

e


khang

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Reply #2 on: Jul 6, 2018
Thank you :)


chevyboi1976

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Reply #3 on: Jul 6, 2018
Happy to help you


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