Question: Define ratio analysis as a form of data mining and
Define ratio analysis as a form of data mining and describe four specific ratios.
Relevant QuestionsWhy is a forensic accountant concerned with minimizing the risk of identifying false positives?Describe four studies that have applied Benford’s Law.The AICPA provides a free Excel spreadsheet pro-gram that can be used to test data for consistency with Benford’s Law. A link to this spreadsheet is available at www.pearsonhighered.com/rufus. Download the spreadsheet and ...Why are forensic accountants less likely to use inferential statistics to analyze data in an engagement?Identify two addins that can be acquired to extend the capabilities of Microsoft Excel.
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