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QUESTION 17 of the antifraud and forensic accounting profession. Justice the integrity Convicting white collar criminals; the professional standards Evidence the tools and techniques The
QUESTION 17 of the antifraud and forensic accounting profession. Justice the integrity Convicting white collar criminals; the professional standards Evidence the tools and techniques The fraudster's skill the skill QUESTION 18 Given the of fraud examination, litigation support, and forensic accounting engagements, practicing professionals should expect their work product to be Scrutinized closely, and they should be prepared to describe and defend all chokes made Complexity Adversarial nature Scope Importance QUESTION 19 Economic loss or restitution damages compensate for a specific loss and recognize that the damages May carry into future periods Arose out of intentional or negligent causality Awarded are intended to punish the defendant as a financial deterrent Put the injured parties back where they would have been if the cause of action had not happened QUESTION 20 AICPA Statement on Standards for Valuation Services No. 1 describes two types of engagements: Civil and criminal Commercial and individual Valuation and calculation Contractual and tortious
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