Question: 1. Using the Data provided by Exhibit 1, perform a single Benford's Law analysis to determine which (if any) of Careful Construction's suppliers are involved

 1. Using the Data provided by Exhibit 1, perform a single

1. Using the Data provided by Exhibit 1, perform a single Benford's Law analysis to determine which (if any) of Careful Construction's suppliers are involved in the fraud. 2. A. Who is likely committing fraud at Careful Construction? B. Name two possible ways that this individual could commit fraud. 3. Name three steps Mr. Fritz should take in order to verify his suspicions about who is committing fraud. 4. What are some controls Mr. Fritz could institute to prevent this type of fraud from happening again? Exhibit 1 - Careful Construction's Suppliers. Mr. Fritz created this table using the invoices he received from his five suppliers. Additional data about Careful Construction's Suppliers is as follows: 1. Using the Data provided by Exhibit 1, perform a single Benford's Law analysis to determine which (if any) of Careful Construction's suppliers are involved in the fraud. 2. A. Who is likely committing fraud at Careful Construction? B. Name two possible ways that this individual could commit fraud. 3. Name three steps Mr. Fritz should take in order to verify his suspicions about who is committing fraud. 4. What are some controls Mr. Fritz could institute to prevent this type of fraud from happening again? Exhibit 1 - Careful Construction's Suppliers. Mr. Fritz created this table using the invoices he received from his five suppliers. Additional data about Careful Construction's Suppliers is as follows

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