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Methods of proof used to develop evidence can be any of the following except Indirect methodsb

Methods of proof used to develop evidence can be any of the following except:a. Indirect methodsb. Direct methodsc. Straightforwardd. A combination of direct and indirect 2. Which of these statements is not a reason why a direct method of proof is preferable to other methods?a. It is generally more persuasive.b. It provides a greater level of certainty.c. It is more easily understood.d. It is harder to refute.e. All of the above are reasons why a direct method is preferable.

3. Indirect methods are most often used when a firm’s books and records are complete and accurate.a. Trueb. False4. Which of the following is not an indirect method employed by forensic accountants?a. Source and application of funds methodb. Net worth methodc. Accounting equation transcription methodd. Percentage markup method5. The indirect method that is most commonly used in situations where there is an accumulation of assets without a corresponding source of funds is the:a. Net worth methodb. Gross profit methodc. Cash account methodd. None of the above6. An indirect method that is used when a subject consumes income rather than accumulates assets is the:a. Net worth methodb. Cash account methodc. Gross profit methodd. Source and application of funds method

7. For a forensic accountant to effectively employ the percentage markup method:a. Unit sales prices and costs must be able to be established with reasonable certainty.b. The number of customers must be known.c. Administrative costs must be known.d. None of the above is correct.8. The primary driver for the selection of a method of proof is:a. To employ a method that is sure to winb. To develop evidence that is best suited to the facts and circumstances of the case c. To ensure all revenue is accounted ford. To ensure all assets are correctly valued9. An expert’s opinion must be based on sufficient, reliable facts and data and be the product of applicable, reliable methodology.a. Trueb. False10. Methods of proof can establish:a. Intent to commit a crimeb. A proposition, such as unreported incomec. Both a and b are correct responsesd. Neither a nor b is a correct responseView Solution:
1 Methods of proof used to develop evidence can be

Mar 14 2020 View more View Less

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