Dimitriv,a forensic accountant,is hired by the court to provide additional insight into the ongoing trial against Blue Rock,Inc.Dimitriv holds a large share of Blue Rock's stock.Which of the following can be inferred of this case?
A) an engagement letter is not necessary
B) lack of professional competence
C) conflict of interest exists
D) nature of engagement is unclear

Question

Quizplus · Accepted Answer

The fact that Dimitriv holds a large share of Blue Rock's stock creates a conflict of interest, as his financial stake in the company may compromise his objectivity and impartiality as a forensic accountant.

Dimitriv,a Forensic Accountant,is Hired by the Court to Provide Additional