Identify the behavior, error, or fraudulent scheme that could be detected when you apply Benford's Law to
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Question:
Identify the behavior, error, or fraudulent scheme that could be detected when you apply Benford's Law to the following accounts.
Accounts:
- Sales Records
- Purchases
- Travel and Entertainment
- Vendor Payments
- Sales Returns
The Following are the drop-down options for accounts above
Behaviors detected using Benford's law
- Duplicate checks
- Expense approval circumvention
- Fictitious sales transactions
- Potential kickback schemes
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