Data mining software such as Access, ACL, or IDEA allow a large amount of data to be evaluated quickly for symptoms of fraud and provide evidence of the fraud act or concealment of the fraud..
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Q2: FASB 2 defines materiality as the "magnitude
Q3: Even though independent auditors are "independent," management
Q4: Common tipsters for fraud are employees, co-workers,
Q5: The first step in the ten-step approach
Q6: Earnings management below a threshold value may
Q8: Most audit committees have the authority to
Q9: Illegal acts have materiality thresholds and require
Q10: A fraudster, aided by the digital age,
Q11: Most of a company's information systems feed
Q12: CAATTS computer-aided auditing tools and techniques are
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