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Case 8 Compare the first - digit frequency in the transactions in this table below with Benford's Law. What are the results? Could fraud be
Case
Compare the firstdigit frequency in the transactions in this table below with Benford's Law. What are the results?
Could fraud be occurring in this organization?
CASE
tableAMOUNTDESCRIPTION,CHECK NO$Payment to US West for phone bill,$tableJohns Heating and Cooling forfixing AC in December$tableSharkys Used Car Dealership forYugo truck$tableSalt River Project for power inDecember$tableArizona Department of InternalRevenue for taxes$Grainger Corp. for power tools,$Home Depot for outdoor carport,$tableSteelins Consulting for help withcomputer network$tablePayment to US West for phone billin January$Bank of America for loan payment,
A create a finacial statement?
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