To make a report effective, a forensic accountant

		should be concise even if it not comprehensive.
		should be mindful of the plaintiff requirements rather than audience.
		should avoid redundant statements.
		should not rely on others' work.

Which of the following statements is true of indirect methods of proof?

		The cash method, which has limited application, is feasible only when the number of units and price can be determined easily.
		When there is an accumulation of assets without a corresponding source of funds the unit and volume method is most commonly used.
		The bank deposit method is used when the subject (individual or business) consumes income rather than accumulates assets.
		Successful use of the net worth method requires a complete reconstruction of the subject's financial history, including all assets, liabilities, expenditures, and sources of funds.

________ of indirect proof is generally limited to retail establishments rather than illegal businesses.

		Cash method
		Gross margin method
		Expenditures method
		Bank deposits method

The purpose of a ________ in computer forensics is to detect and recover data that has been concealed on a computer system.

		file analysis
		timeframe analysis
		hidden data analysis
		active data analysis

Which of the following statements is true of a forensic accountant's summary report?

		It is structured to provide a comprehensive discussion of the assignment, allowing the reader to develop a greater understanding of the data, reasoning, and analyses leading to the conclusions stated.
		A summary report usually mentions methodologies considered but not used.
		When presenting a summary report, the objective is to provide a credible and legally sufficient communication within the time and cost limitations.
		A summary report usually presents calculation of a range of values, given certain facts and assumptions and the result is shown as a calculated value.

he two components of lost earnings in a civil litigation claiming damages are

		expected lost earnings and unexpected lost earnings.
		past lost earnings and recoverable lost earnings.
		past lost earnings and future lost earnings.
		past lost earnings and unexpected lost earnings.

The indirect method of proof ________ compared to the direct method of proof.

		provides a greater level of certainty
		is harder to refute in court
		is generally less persuasive
		is more easily understood

Which of the following statements is true of the cloud storage media?

		Data are recorded by a laser in this type of media that alters light-sensitive dyes within the disk.
		Data are stored by altering the magnetic polarity of disks or tapes in this type of media.
		Cloud storage media on devices is usually maintained by others that can be accessed through the Internet.
		The recording process requires rotation of the disk or tape, which introduces the possibility of mechanical failure in cloud storage media.

Which of the following statements best differentiates compensatory and punitive damages in civil litigation?

		Compensatory damages are meant to reward a plaintiff, while punitive damages are meant to reward a defendant.
		Compensatory damages are meant to compensate a plaintiff's loss, while punitive damages are meant to deter similar misconduct by the same defendant or other parties in the future.
		Compensatory damages are meant to reward a defendant, while punitive damages are meant to punish a claimant.
		Compensatory damages are benefit streams the plaintiff would have received if not for the injury, while punitive damages are the benefit streams the plaintiff will receive for future damages.

Which of the following statements is true of electronically stored information?

		Deleting electronically stored information destroys it, just like burning or shredding a paper document would.
		The volume of electronically stored information is usually much lesser than paper information but it is difficult to see how communication records quickly accumulate compared to paper information.
		Unlike paper information, electronically stored information cannot be easily altered or damaged.
		Few features of electronically stored information like metadata have no counterpart in paper form.