
Which of the following statements about hiring accounting or fraud professionals in bankruptcy proceedings is NOT correct?
A) If the trustee wants to employ attorneys, accountants, or other professionals to represent or assist the trustee, the trustee has to get the court's approval.
B) All the professionals must be employed under Code section 327
C) The retention of a fraud examiner or investigator in a bankruptcy proceeding must be approved by the court
D) U.S. trustees require the services of professionals to be categorized and have developed broad categories of service.
Correct Answer:
Verified
Q21: Which of the following may indicate concealment
Q26: The Concealment of Assets,False Oaths and Claims,and
Q30: Which of the following is the strongest
Q31: Which of the following courts has jurisdiction
Q32: Entering false financial information on bankruptcy petitions
Q33: Which of the following is not a
Q35: Which is not something that a fraud
Q38: Bankruptcy and divorce parties can sue fraud
Q39: An examiner investigates and reports the results
Q53: Bankruptcy fraud makes it a crime to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents