Question

3.An AICPA committee in 1986 broke forensic accounting into two broad areas:a.Damages and valuation.b.Investigative accounting and litigation support.c.Accounting and valuation.d.Accounting and general consulting.e.None of the above.

Answer 1

Answer: b. Investigative accounting and litigation support

Step-by-step explanation:

3.An AICPA committee in 1986 broke forensic accounting into two broad areas which are Investigative accounting and litigation support.

Forensic accounting is when financial crimes are known through the use of investigations and accounting.

Investigate accounting is an accounting that has to do with investigation e.g theft at workplace. Litigation support simply means when legal action are being taken.