Question 1

Which of the following is the first step in creating a histogram?

Accepted Answer

A)  plotting the data 
B)  determining frequency of observations 
C)  defining the intervals 
D)  analyzing the data 
A)  plotting the data 
B)  determining frequency of observations 
C)  defining the intervals 
D)  analyzing the data

Question 2

Which of the following terms describes a distribution that is more heavily weighted toward larger numbers?

Accepted Answer

A)  negatively skewed 
B)  positively skewed 
C)  right-skewed 
D)  symmetrically skewed 
A)  negatively skewed 
B)  positively skewed 
C)  right-skewed 
D)  symmetrically skewed

Question 3

Which of the following is an example of numbers that does NOT follow Benford's Law?

Accepted Answer

A)  city populations 
B)  stock prices 
C)  zip codes 
D)  company revenues 
A)  city populations 
B)  stock prices 
C)  zip codes 
D)  company revenues

Question 4

Which of the following is Type I error in statistics?

Accepted Answer

A)  a false positive 
B)  a miss 
C)  an incorrect sample 
D)  failure to identify a true signal 
A)  a false positive 
B)  a miss 
C)  an incorrect sample 
D)  failure to identify a true signal

Question 5

Which of the following is true of data mining?

Accepted Answer

A)  Sorting is a form of data mining. 
B)  Data mining cannot be used for investment analysis. 
C)  Ratio analysis is a form of data analysis, not data mining. 
D)  Data mining can be used to identify all types of fraud. 
A)  Sorting is a form of data mining. 
B)  Data mining cannot be used for investment analysis. 
C)  Ratio analysis is a form of data analysis, not data mining. 
D)  Data mining can be used to identify all types of fraud.

Question 6

Which of the following describes the profile for the first digit according to Benford's Law?

Accepted Answer

A)  upward slope 
B)  U-curve 
C)  bell-curve 
D)  ski slope 
A)  upward slope 
B)  U-curve 
C)  bell-curve 
D)  ski slope

Question 7

Which of the following is a bar chart,in which each bar represents a single interval and the height of the bar indicates the number of observations in the interval?

Accepted Answer

A)  pie chart 
B)  histogram 
C)  line chart 
D)  distribution chart 
A)  pie chart 
B)  histogram 
C)  line chart 
D)  distribution chart

Question 8

Which of the following is a disadvantage of generalized audit software?

Accepted Answer

A)  It cannot be customized for specific tasks. 
B)  It requires data to be converted to a format that can be processed by it. 
C)  It does support the creation of an audit trail or log. 
D)  It requires extensive training to use it effectively. 
A)  It cannot be customized for specific tasks. 
B)  It requires data to be converted to a format that can be processed by it. 
C)  It does support the creation of an audit trail or log. 
D)  It requires extensive training to use it effectively.

Question 9

According to Benford's Law,the distribution of first digits is negatively skewed.

Accepted Answer

A) True 
 B)False

Question 10

Microsoft Access forces some structure on the data analysis project.

Accepted Answer

A) True 
 B)False

Which of the following is the first step in creating a histogram?

Which of the following terms describes a distribution that is more heavily weighted toward larger numbers?

Which of the following is an example of numbers that does NOT follow Benford's Law?

Which of the following is Type I error in statistics?

Which of the following is true of data mining?

Which of the following describes the profile for the first digit according to Benford's Law?

Which of the following is a bar chart,in which each bar represents a single interval and the height of the bar indicates the number of observations in the interval?

Which of the following is a disadvantage of generalized audit software?

According to Benford's Law,the distribution of first digits is negatively skewed.

Microsoft Access forces some structure on the data analysis project.

Introduction to the World of Forensic Accounting

The Legal Environment of Forensic Accounting

Screening and Staging Engagements

Gathering Evidence Interviews and Observations

Financial Statements Analysis Reading Between the Lines

Fraud and White-Collar Crime

Conducting a Fraud Investigation

Transforming Data Into Evidence

Professional Responsibilities

Fundamentals of Business Valuation

Special Topics

Filters

Exam 9: Transforming Data Into Evidence

Which of the following is the first step in creating a histogram?

Which of the following terms describes a distribution that is more heavily weighted toward larger numbers?

Which of the following is an example of numbers that does NOT follow Benford's Law?

Which of the following is Type I error in statistics?

Which of the following is true of data mining?

Which of the following describes the profile for the first digit according to Benford's Law?

Which of the following is a bar chart,in which each bar represents a single interval and the height of the bar indicates the number of observations in the interval?

Which of the following is a disadvantage of generalized audit software?

According to Benford's Law,the distribution of first digits is negatively skewed.

Microsoft Access forces some structure on the data analysis project.

Introduction to the World of Forensic Accounting

The Legal Environment of Forensic Accounting

Screening and Staging Engagements

Gathering Evidence Interviews and Observations

Financial Statements Analysis Reading Between the Lines

Fraud and White-Collar Crime

Conducting a Fraud Investigation

Transforming Data Into Evidence

Professional Responsibilities

Fundamentals of Business Valuation

Special Topics

Filters