Question1: Select thestatementswhich, whentaken together,wouldmostaccurately describe Forensic Auditingand ForensicAccounting

Select the correct response(s).

1. Forensic accountingIs areactiveprocessusedwhencompaniessuspect fraudulent activities havealready takenplace,orarecurrently takingplace
2. Forensicauditsarepreventative processesusedwhen organisationssuspectfraudulentactivities areabouttotakeplaceandwishto ensurethecorrect proceduresare in place to prevent itfrom occurring.
3. A forensic audit is a reactive process used when companies suspect fraudulent activities have already taken place, or recurrently taking place.
4. Forensicaccounting isfocusedonpreventingfraudbefore ithappens andis usedaspart of the process of definingpotential risks.
5. Forensicauditsarefocused onpreventingfraud before11happens,and isused aspartoftheprocessofdefining potentialrisks

Exam - Crime Prevention and Corporate Forensics Instructions Submissions Instructions Assignment Dear student, The following, exam has several multiple choice questions with one or several correct answers. In order to receive the full 2 Type: Quiz amount of points, you will have to mark all answers correctly, Should you mark only part of the correct answers, you will receive less points. Should you mark a false answer, you will lose points on the questions. Max score: 25 In order to pass the exam, you will need to score at least 70 % of the achievable points. You have a total of two attempts Category: Quiz for this exam. Should you fail to pass the exam in both attempts, please contact us under admin@actis.net for further Instructions. Timer: 40:00 (mm:ss) We wish you good luck! Score The quiz is timed, and you have 40:00 (mm:ss) to complete it. Your best submission is used If you leave the quiz without clicking the Finished button at the end, your answers are automatically submitted