The forensic accountant's mind-set is that all cases may involve:
A) materiality thresholds.
B) attitudes of employees.
C) management's values.
D) reward systems.
E) illegal acts.

Question

Quizplus · Accepted Answer

The forensic accountant's mind-set is that all cases may involve illegal acts. Forensic accountants are trained to identify, analyze and investigate fraud and financial crimes. Therefore, they approach every case with the assumption that there may be illegal activity involved. While materiality thresholds, attitudes of employees, management's values, and reward systems can all be factors in financial crimes, they are not present in every case.

The Forensic Accountant's Mind-Set Is That All Cases May Involve