Which of the following is an advantage of using data analysis software to detect fraud? a. It
Question:
Which of the following is an advantage of using data analysis software to detect fraud?
a. It is a static approach, and results cannot be recombined in different ways.
b. Data analysis software can only be used to analyze small data sets.
c. Data analysis software can analyze entire populations rather than just samples.
d. Significant numbers of hits can occur, requiring iterative refinement of analyses.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
The correct answer is c Data analysis software can analyze entire populations rather than just ...View the full answer
Answered By
Tobias sifuna
I am an individual who possesses a unique set of skills and qualities that make me well-suited for content and academic writing. I have a strong writing ability, allowing me to communicate ideas and arguments in a clear, concise, and effective manner. My writing is backed by extensive research skills, enabling me to gather information from credible sources to support my arguments. I also have critical thinking skills, which allow me to analyze information, draw informed conclusions, and present my arguments in a logical and convincing manner. Additionally, I have an eye for detail and the ability to carefully proofread my work, ensuring that it is free of errors and that all sources are properly cited. Time management skills are another key strength that allow me to meet deadlines and prioritize tasks effectively. Communication skills, including the ability to collaborate with others, including editors, peer reviewers, and subject matter experts, are also important qualities that I have. I am also adaptable, capable of writing on a variety of topics and adjusting my writing style and tone to meet the needs of different audiences and projects. Lastly, I am driven by a passion for writing, which continually drives me to improve my skills and produce high-quality work.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Fraud examination
ISBN: 978-0538470841
4th edition
Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma
Question Posted:
Students also viewed these Business questions
-
(Multiple choice) 1. When vertical analysis is performed: a. Ratios are used to detect fraud. b. Changes in significant balance totals are examined. c. Financial statement balances are converted to...
-
MCQ questions: 1. An increase in oil prices, such as the oil shocks in the 70s, lead to _______ thereby causing ________ a movement along the AS curve; cost-push inflation a leftward shift in the AS...
-
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
-
Violet Flowers expects to sell 3,000 plants a month. She estimated the following monthly costs: Variable Costs $9,000 Fixed Costs $15,000 During her second month of operation, Violet would like to...
-
Using the information given in Exercise 5Apx-1B, prepare a depreciation schedule showing the depreciation expense, accumulated depreciation, and book value for each year under the...
-
Consider the following account balances (in thousands) for the Rouse Company: Required: 1. Prepare a schedule for the cost of goods manufactured for 2013. 2. Revenues for 2013 were $ 265 million....
-
Patty Hayes owned four Personal Seat Licenses (PSLs) at the Cleveland Browns Stadium. Hayess PSLs reserved four seats on the 50-yard line, at the railing, on the north side of the stadium. As the...
-
Complete the requirements for each of the following independent cases: Case A. Dr Pepper Snapple Group, Inc., is a leading integrated brand owner, bottler, and distributor of nonalcoholic beverages...
-
(a) Find the local extrema and saddle points of the function (x,y) = + -2y-xy+y+1 (b) Use Taylor's approximation around the point (x,y)=(0,0) to obtain an approximation of the above function up to...
-
Horizontal analysis is different from vertical analysis in that: a. There is no difference between horizontal and vertical analysis. b. Horizontal analysis calculates the percentage change in balance...
-
Benfords Law is: a. The most expensive of all the digital analysis methods to implement and use. b. The most effective way to identify actual frauds. c. A method that uses vertical financial...
-
Refer to the financial statements and related disclosure notes of PetSmart located in the company's 2013 annual report included with all new copies of the text. They also can be found at...
-
Study the following code snippet carefully and answer the questions that follow. Use the given line numbers for ease of reference. 1.
-
Judy purchased her first home in January of the current year. She obtained a new mortgage and paid $6,000 of interest during the current year. Her state has elected to issue mortgage credit...
-
Ali, Benzema, Carter, Diego, and Eli are five, financially loaded, individuals. Each has put $10 million at your disposal to invest. All of them have equal investment horizons. The funds can be...
-
Write a program to read three numbers in Nasm Assembly Language (compile nasm online - rextester). Each number is between 0 and 9. Then, Multiply the first two, then divide the result by the third...
-
Lutetium Pharma Corp. holds 80% of Erbium Chemicals Inc.'s common shares. On January 1, 20X1, Erbium Chemicals purchased a building from a non-associate for $100,000 with an estimated useful life of...
-
Using the Web (or past issues of computer industry magazines, such as Computerworld), locate a system that runs in a client-server environment. On the basis of your reading, why do you think the...
-
Which of the following is NOT a magnetic dipole when viewed from far away? a) A permanent bar magnet. b) Several circular loops of wire closely stacked together with the same current running in each...
-
Gloria Duchin, a Rhode Island resident, was the sole shareholder and chief executive officer of Gloria Duchin, Inc. (Duchin, Inc.), which manufactured metallic Christmas ornaments and other novelty...
-
Walter Matjasich and Cary Hanson organized Capital Care, LLC, in Utah. Capital Care operated, and Matjasich and Hanson managed, Heartland Care Center in Topeka, Kansas. LTC Properties, Inc., held a...
-
Michael Collins entered into a three-year employment contract with E-Magine, LLC. E-Magine was in business for only a brief time, during which it incurred considerable losses. In terminating...
-
Solomon Corporation's computer services department assists two operating departments in using the company's information system effectively. The annual cost of computer services is $573,400. The...
-
Current portion of long-term debt Connie's Bistro, Inc. reported the following information about its long-term debt in the notes to a recent financial statement (in millions): Long-term debt consists...
-
ABC Corp is struggling financially. Prior to any debt renegotiations, they have assets valued at about $13 million and liabilities in the amount of $15 million. As a result of their financial...
Study smarter with the SolutionInn App