Author Question: As a part of a forensic accountant engagement, you interviewed all the first cousins of the subject. ... (Read 85 times)

joe

  • Hero Member
  • *****
  • Posts: 627
As a part of a forensic accountant engagement, you interviewed all the first cousins of the subject. Which of the following types of data did you obtain?
 
  A) first-party data
  B) second-party data
  C) third-party data
  D) fourth-party data

Question 2

The ____________ shows total revenue minus total expenses.
 a. balance sheet
  b. income statement
  c. statement of owner's equity
  d. cash flow statement



samiel-sayed

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

B
Explanation: B) Second-party data are obtained from individuals or entities that are related to the subject. The relationship may be personal or business.

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

For a complete list of videos, visit our video library