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PorterOlaph PorterOlaph
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6 years ago
Which of the following statements is true of indirect methods of proof?
A) The cash method, which has limited application, is feasible only when the number of units and price can be determined easily.
B) When there is an accumulation of assets without a corresponding source of funds the unit and volume method is most commonly used.
C) The bank deposit method is used when the subject (individual or business) consumes income rather than accumulates assets.
D) 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.
Textbook 
Forensic Accounting

Forensic Accounting


Edition: 1st
Authors:
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discovrndiscovrn
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6 years ago
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PorterOlaph Author
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6 years ago
Much appreciated. Excellent explanation too
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