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Author Question: As a part of a forensic accountant engagement, you interviewed all the first cousins of the subject. ... (Read 52 times)

joe

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on: Jul 6, 2018
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

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Reply #1 on: Jul 6, 2018
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


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