Multiple Choice
________ identifies transactions or users with atypical activity based on the distribution of first digits and is an example of ________ analytics.
A) Monetary unit sampling; diagnostic
B) Monetary unit sampling; descriptive
C) Benford's Law; diagnostic
D) Benford's Law; descriptive
Correct Answer:
Verified
Correct Answer:
Verified
Q40: Which type of audit analytics might be
Q41: Which testing approach is useful in determining
Q42: Monetary unit sampling allows auditors to mitigate
Q43: Which type of audit analytics might be
Q44: Grouping balances by date is referred to
Q45: Sequence checks are useful for finding gaps,such
Q46: Which of the following is an example
Q48: Grouping records by non-obvious similarities is referred
Q49: Summary statistics provide insight into the relative
Q50: A fuzzy match is based on the