9-95. Obtain an article written by Rose and Rose published in the August 2003 edition of Journal of Accountancy entitled “Turn Excel into a Financial Sleuth.” (You may access the article via a link at www.pearson globaleditions.com/rufus.)

1. Read the article and download the Fraud Buster spreadsheet using the link provided by the authors.

2. Analyze the results shown in Fraud Buster for the first-digit and second-digit tests. How are the analysis tables structured, and what do they show?

3. Prepare a memo to your professor explaining what you discovered about the distribution of the data set included in the Fraud Buster spreadsheet and what you learned about digital analysis.