Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

8) Data analytics are useful for detecting fraud for all of the following reasons except which one? A) Data analytics can often detect small frauds

8) Data analytics are useful for detecting fraud for all of the following reasons except which one? A) Data analytics can often detect small frauds before they become material. B) Data analytics can test if internal controls that are useful f9) A fraud investigator examined the times that orders were made at a business. All orders were made during regular business hours except for orders from one customer, which were all made during the middle of the night when no one works. The fraud investigator most likely identified this fraud using which of the following techniques? A) Outlier detection. B) Anomaly detection. C) Regression analysis. D) Semantic modeling.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals of Advanced Accounting

Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik

5th edition

978-0077924379, 77924371, 978-0078025396, 78025397, 978-0077425654, 77425650, 978-0077667061

More Books

Students also viewed these Accounting questions

Question

=+c) In what month of the year are gas prices highest?

Answered: 1 week ago

Question

5x+2=1

Answered: 1 week ago

Question

Are flexible costs always direct costs? (LO 1, 3)

Answered: 1 week ago