A fraud examiner’s objective is to determine if fraud has occurred and who was responsible. What is the objective of a financial forensics investigator?
Use adversarial techniques to gather evidence

Determine whether internal controls will prevent financial fraud

Render an opinion on the cause of the fraud

Use financial evidence to prove fraud allegations

Mrs. Barnes had a prenuptial agreement with her husband that if there were a dissolution of the marriage on any grounds other than agreed upon irreconcilable differences, the husband would forgo any monies or assets left to her by her parents’ estate. Now Mrs. Barnes has found out that her husband has had an affair. Mr. Barnes claims they need to divorce based on irreconcilable differences. Which professional might help Mrs. Barnes, a fraud examiner or a forensic accountant and on what basis?
A forensic accountant because there will be financial damages involved

A fraud examiner because Mr. Barnes had expenses involved with the infidelity

A fraud examiner because Mrs. Barnes is proving default on a contract

A forensic accountant because Mr. Barnes will receive a portion of the estate.

How are auditing, fraud examination, and financial forensics interrelated?
All may involve litigation support

All may involve gathering evidence

All use similar investigative tec

Answer rating: 100% (QA)

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