What is the primary drawback of the data-driven approach?
A) It is more expensive and time intensive than the traditional approach.
B) It requires tips and other indicators to become glaring before the approach can be used.
C) It cannot highlight frauds while they are still small.
D) The investigator loses control of the fraud investigation process.
Correct Answer:
Verified
Q1: According to Benford's Law, the first digit
Q3: has been adopted by most major accounting
Q4: For enhanced data analysis, which of the
Q5: Which of the following statements is NOT
Q6: Which of the following proactive fraud detection
Q7: One of the disadvantages of Benford's Law
Q8: Which of the following is an extension
Q9: While using n-grams, a match percentage of
Q10: Digital analysis is:
A) the art of analyzing
Q11: A red flag search to detect kickbacks
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents