Assume that your data analytics examination related to voids and voided sales at a large retail location

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Assume that your data analytics examination related to voids and voided sales at a large retail location for the period of December 1 through 30 resulted in the following summary table. Also assume that location square footages available for retail sales are reasonably comparable across these locations:

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Case discussion:
1. Given this fact pattern, identify which location in each scenario is anomalous, if any, and describe your rationale.
2. Assuming that these transactions are of reasonable significance to the retail organization, would you recommend a deeper examination of the anomaly for scenario A, B, or both?
3. Assuming that these transactions are of reasonable significance to the retail organization, which anomaly would concern you more, the anomaly in scenario A or the one in scenario B, if you identified such an anomaly?

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Related Book For  book-img-for-question

Forensic Accounting And Fraud Examination

ISBN: 9781119494331

2nd Edition

Authors: Mary Jo Kranacher, Richard Riley

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