Question: accounting data analytics Benford's law suggests that the first digit of naturally occurring numerical datasets follow an expected distribution where: Multiple Choice the leading digit

accounting data analytics Benford's law suggests that the first digit of naturallyoccurring numerical datasets follow an expected distribution where: Multiple Choice the leadingaccounting data analytics

Benford's law suggests that the first digit of naturally occurring numerical datasets follow an expected distribution where: Multiple Choice the leading digit of 4 is more common than 3. the leading digit of 9 is more common than 2. the leading digit of 8 is more common than 9. the leading digit of 6 is more common than 5. Auditing financial statements, and its desire to look for errors, anomalies, and possible fraud, is most consistent with which type of analytics? Multiple Choice Descriptive analytics Diagnostic analytics Predictive analytics Prescriptive analytics

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!