Multiple Choice
What is the primary advantage of the data-driven approach?
A) The investigator makes hypotheses and tests to see if each one holds true.
B) It is less expensive and time intensive than the traditional approach.
C) The investigator takes charge of the fraud investigation process.
D) Data-driven fraud detection is proactive in nature.
Correct Answer:
Verified
Correct Answer:
Verified
Q18: According to Benford's Law, 5 will be
Q19: Which of the following is true?<br>A) Stratification
Q20: Which of the following may result from
Q21: Horizontal analysis is performed when:<br>A) total assets
Q22: Benford's Law:<br>A) applies to numbers that have
Q24: Which of the following ratios can be
Q25: Most software packages have functions for generating
Q26: Benford's Law can help detect fraud by:<br>A)
Q27: Which approach converts financial statement numbers to
Q28: is the splitting of complex data sets