
Fraud Examination 5th Edition by Steve Albrecht,Chad Albrecht,Conan Albrecht, Mark Zimbelman
Edition 5ISBN: 978-1305079144
Fraud Examination 5th Edition by Steve Albrecht,Chad Albrecht,Conan Albrecht, Mark Zimbelman
Edition 5ISBN: 978-1305079144 Exercise 40
Each of these statements is true about the net worth method for determining embezzled amounts except: a. The net worth method generally understates amounts stolen.
B) Much of the information necessary for determining an individual's assets, liabilities, living expenses, and income is available through public searches.
C) Courts are generally suspicious of dollar amounts determined by the net worth method because courts realize that the net worth method can only provide approximations of the amount stolen.
D) The net worth method is useful for obtaining confessions from suspects during interviews or interrogations.
B) Much of the information necessary for determining an individual's assets, liabilities, living expenses, and income is available through public searches.
C) Courts are generally suspicious of dollar amounts determined by the net worth method because courts realize that the net worth method can only provide approximations of the amount stolen.
D) The net worth method is useful for obtaining confessions from suspects during interviews or interrogations.
Explanation
After gathering information and records ...
Fraud Examination 5th Edition by Steve Albrecht,Chad Albrecht,Conan Albrecht, Mark Zimbelman
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