The rapidly growing field of _____ involves investigating white-collar crimes such as business fraud,improper financial reporting,and illegal investment schemes.
A)budgeting
B)public accounting
C)forensic accounting
D)internal auditing

Question

Quizplus · Accepted Answer

Forensic accounting involves investigating and analyzing financial information in order to detect and prevent fraud or other financial crimes. It involves using accounting, auditing, and investigative skills to analyze financial documents and identify any irregularities or fraudulent activities. This field is specifically focused on white-collar crimes, which often involve businesses and corporations. Budgeting involves the process of creating and managing budgets, public accounting involves providing accounting services to external clients, and internal auditing involves examining and evaluating a company's internal controls and financial reporting processes.

The Rapidly Growing Field of _____ Involves Investigating White-Collar Crimes