Which is the most accurate statement with regard to using data extraction and analysis software to highlight red flags of fraud?
1. Data extraction and analysis work product often points directly to the culprit.
2. Data extraction and analysis work product is often the most relevant evidence a jury can consider.
3. Data extraction and analysis work product is a preliminary first step that often requires additional analysis in Excel, Access, or some other electronic data product.
4. Data extraction and analysis work product often provides important evidence of the act, concealment, and conversion but may not be compelling by itself.