Which of the following is characteristic of a formal interview?
A) It is unsystematic in nature.
B) It is generally used in the early stages of a forensic accounting engagement, when there is insufficient information to develop an informal interview.
C) It is not controlled by a specific set of detailed questions.
D) It mostly begins with structured questions and progresses to open-ended questions.
D
Explanation: D) Most formal interviews begin with structured (introductory) questions and progress to open-ended (informational) questions.
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Indicate whether the statement is true or false.
Franchisors are focused on creating wealth for ________
A) Themselves B) Friends C) Franchisees D) The community E) Employees