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test bank for forensic accounting 1st edition by rufus
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test bank for forensic accounting 1st edition by rufus test bank for forensic accounting 1st edition by rufus test bank for forensic accounting 1st edition by rufus test bank for forensic accounting 1st edition by rufus test bank for forensic accounting 1st edition by rufus test bank for foren...

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  • January 18, 2023
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  • 2022/2023
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1 Copyright © 2015 Pearson Education, Inc. Forensic Accounting (Rufus) Chapter 2 The Legal Environment of Forensic Accounting 2.1 True/False Questions 1) In criminal cases, sanctions generally involve compensation for loss or wrongs suffered. Answer: FALSE Explanation: In civil cases, sanct ions generally involve compensation for loss or wrongs suffered (for example, economic damages). Diff: 1 LO: 2 -1 AACSB: Analytical Thinking 2) Personal justice is justice concerned with the private affairs of citizens and their respective rights. Answer : FALSE Explanation: Justice concerned with the private affairs of citizens and their respective rights is known as civil justice. Diff: 1 LO: 2 -1 AACSB: Analytical Thinking 3) Tax evasion, health care frauds, and bank frauds are covered under civil l aws. Answer: FALSE Explanation: Tax evasion, health care frauds, and bank frauds are covered under criminal laws. Diff: 1 LO: 2 -2 AACSB: Analytical Thinking 4) In the case of a jury trial, the trial stage begins with the selection of a jury. Answer: TRUE Explanation: The trial stage begins with the selection of a jury. Diff: 1 LO: 2 -2 AACSB: Analytical Thinking 5) The burden of proof is the obligation of the defendant to prove his or her innocence. Answer: FALSE Explanation: The burden of proof is the obligation of the plaintiff or prosecution to prove liability (in a civil case) or guilt (in a criminal case). The defendant is not required to prove his or her innocence -it is presumed. Diff: 1 LO: 2 -3 AACSB: Analytical Thinking Test Bank for Forensic Accounting 1st Edition by Rufus
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Full all chapters instant download please go to Solutions Manual, Test Bank site: downloadlink.org 2 Copyright © 2015 Pearson Education, Inc. 6) Mediation is a "mini trial" wherein each party presents its case to one or more mediators, who render a binding decision that generally cannot be appealed. Answer: FALSE Explanation: Mediation is a non -binding informal process wherein a mediator (mutually selected by the parties) evaluates the arguments of both sides and helps the parties reach common ground. Diff: 1 LO: 2 -3 AACSB: Analytical Thinking 7) An expert's testimony is more credible than that of other witnesses. Answer: TRUE Explanation: A higher level of credibility is generally attached to an expert's testimony. Diff: 1 LO: 2 -4 AACSB: Analytical Thinking 8) The trial judge is challenged to carefully qualify the expert but not the testimony of the expert. Answer: FALSE Explanation: The trial judge is challenged to carefully qualify both the expert and his or her testimony. Diff: 1 LO: 2 -4 AACSB: Analytical Thinking 9) A Daubert hearing decides whether the expert is correct. Answer: FALSE Explanation: As provided in Daubert, the "court must focu s on the methodology, not on the conclusions generated by the methodology." In other words, a Daubert hearing is not to decide whether the expert is correct. Diff: 1 LO: 2 -6 AACSB: Analytical Thinking 10) Rule 705 allows an expert to state an opinion wi thout first testifying to the underlying facts or data. Answer: TRUE Explanation: Rule 705 allows an expert to state an opinion without first testifying to the underlying facts or data. Diff: 1 LO: 2 -5 AACSB: Analytical Thinking 3 Copyright © 2015 Pearson Education, Inc. 2.2 Multiple -Choice Questions 1) Which of the following is an example of sanctions in civil cases? A) capital punishment B) home confinement C) probation D) compensation for economic damages Answer: D Explanation: D) In civil cases, sanctions generally involve compensation for loss or wrongs suffered (for example, economic damages). Diff: 1 LO: 2 -1 AACSB: Analytical Thinking 2) Which of the following best describes civil justice? A) justice between parties to a dispute, regardless of any larger principles that might be i nvolved B) justice concerned with the private affairs of citizens and their respective rights C) justice fairly administered according to the rules of substantive law (such as a fair trial) D) justice that conforms to a moral principle Answer: B Explanati on: B) Justice concerned with the private affairs of citizens and their respective rights, including certain freedoms of speech and action and equal treatment, protection, and opportunities regardless of race, sex, or religion is known as civil justice. Diff: 1 LO: 2 -1 AACSB: Analytical Thinking 3) Which of the following forms of justice is fairly administered according to the rules of statutory law? A) social justice B) civil justice C) substantial justice D) criminal justice Answer: C Explanation: C ) Substantial justice is justice fairly administered according to the rules of substantive law (such as a fair trial). Diff: 2 LO: 2 -1 AACSB: Analytical Thinking

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