Which of the following statements is true about the characteristics of real-time analysis?
A) With real-time analysis in place, there is no need for continual improvement and updating of indicators.
B) It is a distinct technique because it specifically analyzes each transaction for correctness rather than for fraud.
C) It does not allow real-time modification and deletion of less-effective indicators.
D) Indicators are hard-coded into the system.
Correct Answer:
Verified
Q26: Identify the true statement about detecting fraud
Q27: One way to view the results of
Q28: According to Benford's law,5 will be the
Q28: While methods like high-low slope, average slope,
Q29: _ include statistical summaries of each column
Q30: Which of the following statements is true
Q33: _ are a two dimensional view with
Q33: What is the primary advantage of the
Q35: Horizontal analysis is performed when:
A)total assets are
Q36: Benford's law can help detect fraud by:
A)establishing
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