There are no generally-accepted, published professional protocols available to guide fraud investigators in conducting investigations because:
A) The laws surrounding investigations of this type do not allow for protocols to be established.
B) The specific way in which a given investigation is conducted is determined by the objectives of the investigation.
C) GAAP provides suitable protocols.
D) The American Association of Fraud Examiners currently has protocols being validated by the U.S. District Court of Appeals.

Question

Quizplus · Accepted Answer

The specific way in which a given investigation is conducted is determined by the objectives of the investigation. As such, fraud investigations are highly specialized and tailored to meet the specific needs and objectives of each case. Therefore, no generally-accepted, published professional protocols exist to guide fraud investigators.

There Are No Generally-Accepted, Published Professional Protocols Available to Guide