ACC 418 - ACC 418.01 (S08) FORENSIC ACCOUNTING...

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ACC 418.01 (S08) FORENSIC ACCOUNTING (08S_CBA_ACC418.01) > TAKE ASSESSMENT: EXAM 1 Take Assessment: Exam 1 Name Exam 1 Instructions Please select the radio button next to the best answer for each question, then click "save." Click "submit" when you have answered all fifty questions; your score (only) will be available shortly thereafter. Timed Assessment This Test has a 1 hour timer.The elapsed time appears at the top right of the window. A 1 minute warning will be displayed. Multiple Attempts Not allowed. This Test can only be taken once. Force Completion This Test must be completed now. < fixed_bound="true"> Question Completion Status: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 Question 1 2 points Save The Institute of Business Appraisers (IBA) supports the valuating of which type of businesses? Public Corporations. Private Corporations. Closely-held Businesses. Non-Profit Organizations. Question 2 2 points Save Which of the following events have made the Forensic Accountant industry more popular in the last decade? Corporate Scandals. Sarbanes-Oxley Act of 2002. The U.S. Supreme Court. Both a and b. Question 3 2 points Save Forensic accounting can be broken into how many categories?
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Two: Investigative and Litigation. Two: Internal and External. Three: Investigative, External, Preventative. Three: Internal, Litigation, Certified. Question 4 2 points Save Forensic Accounting is defined as: The practice of applying defined financial ratios to investigate a companies financial health. The use of law enforcement to subpoena financial records to determine unlawful actions. The application of investigative and analytical skills for the purpose of resolving financial issues in a manner that meets standards required by courts of law. The investigatory arm of the Securities and Exchange Commission. Question 5 2 points Save What credential does the AICPA offer? Accredited in Business Valuation. Accredited Business Accountant. Forensic Accountant Accreditation. Accounting for Forensic and Litigation. Question 6 2 points Save What is a way to become a CFS? Complete a multi-part examination that covers the detection, deterrence, investigation, and prosecution of white-collar crime. Complete the ACFS Academy core courses and take an examination at the end of each course. Be grandfathered in by means of submitting information on the experience and education of the candidate. All of the above are ways to become a CFS. Question 7 2 points Save If a person wants to earn the credential Certified Forensic Accountant (Cr.FA), what must they possess?
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A PhD in Accounting, 2 years of auditing experience and pass an exam. A bachelor's degree in business or ten years of
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This note was uploaded on 04/22/2008 for the course BUSINESSS 101 taught by Professor Hollenbeck during the Spring '08 term at Berkeley College.

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ACC 418 - ACC 418.01 (S08) FORENSIC ACCOUNTING...

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