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    Question

    An audit that is conducted to investigate a specific

    area of suspicion, such as fraud, is known as a:
    A Statutory Audit Correct Answer Incorrect Answer
    B Internal Audit Correct Answer Incorrect Answer
    C Forensic Audit Correct Answer Incorrect Answer
    D Cost Audit Correct Answer Incorrect Answer

    Solution

    A Forensic Audit is an examination and evaluation of a firm's or individual's financial information for use as evidence in court. It is often conducted to investigate allegations of fraud, embezzlement, or other financial claims.

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