Which of the following best describes the contribution of ratio analysis to a forensic accounting or fraud
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Which of the following best describes the contribution of ratio analysis to a forensic accounting or fraud examination engagement?
1. A. Ratio analysis may provide red flags or symptoms of fraudulent activity.
2. B. Ratio analysis provides compelling evidence that a fraud has occurred.
3. C. Ratio analysis is an effective fraud detection tool.
4. D. Ratio analysis is most likely to contribute to internal controls assessment.
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Related Book For
Forensic Accounting And Fraud Examination
ISBN: 9781119494331
2nd Edition
Authors: Mary Jo Kranacher, Richard Riley
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