1. The clients attorney usually decides whether a formal report on the fraud investigation is necessary. If the results of the investigation were inconclusive, the attorney may not wish to incur the additional expense of a report. The attorney may request a formal report if it will be needed to:

a.refer to during restitution negotiations and/or file an insurance claim.

b.submit as evidence when the investigator is expected to testify at trial.

c.help fulfill a bankruptcy trustees or examiners responsibility to report on an investigation.

d.a and b

e.a, b, and c

2. Which of the following is NOT useful in detecting fraud that non-existent assetsare recorded in statement accounts?

a.Total fixed assets/total assets.

b.Total fixed assets/long-term debt.

c.Individual fixed asset account balances/total fixed assets.

d.Fixed assets/total current liabilities.