Define data mining and discuss how it is valuable to the data analysis effort.
Answer to relevant QuestionsExplain the difference between a Type I error and a Type II error.Is size a consideration for analytic tests that apply Benford’s Law? Explain.Identify and discuss six fundamental principles set forth in the ACFE Standards of Professional Conduct.What are the three steps in the threats and safeguard approach?Visit the AICPA’s web site and read the Guide for Com-plying with Rules 102– 505, paragraphs .19 to .23. Study the guidance on ethical conflict resolution; then prepare a memo to your professor explaining this concept ...
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