Final answer:
In the 2014 AICPA practitioner survey, 'valuation' was the top-ranked niche. This field involves assessing the worth of assets or companies for various purposes like mergers and acquisitions or litigation support. option C.
Step-by-step explanation:
In a 2014 AICPA practitioner survey, practitioners were asked to rank various niches within their field. According to the survey responses, the top niche in terms of interest and focus at that time was valuation. Valuation involves the process of determining the present value of an asset or a company.
Professionals in this niche are often involved in assessing the worth of businesses for the purposes of mergers and acquisitions, investment analysis, and litigation support.
Other niches mentioned in the survey, such as family law, economic damages, computer forensic, and fraud prevention, also play significant roles within the field of accounting and financial consulting, but they did not claim the top spot in the 2014 survey.
So Option C is correct.