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1. Explain how fraud originating in the Revenue Cycle can be prevented. 2. Discuss how fraud in the Expenditure Cycle can be detected. 3. Explain

1. Explain how fraud originating in the Revenue Cycle can be prevented.

2. Discuss how fraud in the Expenditure Cycle can be detected.

3. Explain why and how descriptive analytics can be used in the payroll cycle. Give an example.

4. Do you agree with the following statement: "Correlation analysis as a technique has little use with Big Data"? Briefly discuss.

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