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Data-driven fraud detection: a. Determine the cost of fraud. b. Identifies possible fraud respects c. looks for in databases d. All of the above. Which

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Data-driven fraud detection: a. Determine the cost of fraud. b. Identifies possible fraud respects c. looks for in databases d. All of the above. Which of the following is an advantage of using data analysis software to detect ? a. It is a static approach, and results cannot be recombined in different ways b. Data analysis software can only be used to analyze small data sets c. Data analysis software can analyze entire populations rather than just samples d. Significant numbers of hits can occur, requiring iterative refinement of analyses. Benford's Law is: a. The most expensive of all the digital analysis methods to implement and use. b. The most effective way to identify actual frauds

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