Identify the behavior, error, or fraudulent scheme that could be detected when you apply Benford's Law to the following accounts. Accounts: - Sales Records -
Identify the behavior, error, or fraudulent scheme that could be detected when you apply Benford's Law to the following accounts.
Accounts:
- Sales Records
- Purchases
- Travel and Entertainment
- Vendor Payments
- Sales Returns
The Following are the drop-down options for accounts above
Behaviors detected using Benford's law
- Duplicate checks
- Expense approval circumvention
- Fictitious sales transactions
- Potential kickback schemes
Step by Step Solution
3.46 Rating (162 Votes )
There are 3 Steps involved in it
Step: 1
Account Behavior detected using Benfords Law Sales records Fic...
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Authors: James A. Hall
4th edition
1133949886, 978-1305445154, 1305445155, 978-1133949886
