A mathematical algorithm that predicts the percentage of the time each digit will appear in a sequence of numbers is:

a. inductive fraud detection.
b. deductive fraud detection.
c. Benford's law.
d. horizontal analysis.


c
FEEDBACK: a. Incorrect. This is proactively searching for fraud by identifying anomalies or unusual or unexpected patterns and relationships.
b. Incorrect. This is determining the types of frauds that can occur and then using query techniques and other methods to determine if those frauds may actually exist.
c. Correct.
d. Incorrect. This is a tool that determines the percentage change in balance sheet and income statement numbers from one period to the next.

Business

You might also like to view...

The slogans "Buy American" and "American goods create American jobs" reflect

a. concern over the number of exports leaving the country. b. concern about the threat of foreign competition. c. a desire for fewer import restrictions. d. a lack of job security within exporting firms.

Business

Answer the following statements true (T) or false (F)

1. The first model of communication described communication as one-way transfer of information. 2. Communication competence is achieved when we communicate in personally effectively and socially appropriate ways. 3. The social realities we construct can constrain or limit our abilities to perceive others and frame events. 4. Engagement refers to the power of communication to link and relate us to people, communities, social institutions, and cultures. 5. Communication activism is a form of engagement used to support social change in communities.

Business

________ is the tendency to interpret information in a way that will fit our preconceptions

A) Selective retention B) Cognitive dissonance C) Selective distortion D) Subliminal perception E) Selective embellishment

Business

The whole set of beliefs, attitudes, and ways of doing things of a reasonably homogeneous group of people is a(n)

A. family. B. culture. C. evoked set. D. social class. E. reference group.

Business