One of the Disadvantages of Benford's Law in Detecting Fraud

question 43

Multiple Choice

One of the disadvantages of Benford's Law in detecting fraud is:

• A) potential suspects are more likely to know you are trying to detect fraud than if you didn't use such detection techniques.
• B) users must be thoroughly trained in its complexities to implement and use.
• C) that those cases with the lowest probabilities do not match Benford's Law and may need further investigation.
• D) it only broadly identifies the possible existence of fraud; it fails to narrow possibilities to a manageable field of promising leads.

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Definitions:

Power

The capacity or ability to direct or influence the behavior of others or the course of events.

Clarify

To make a statement or situation less confused and more comprehensible by explaining or resolving uncertainties.

Self-Determination

The process or right of individuals and societies to control their own destiny and make their own choices independently.

Values

Values are deeply held beliefs that guide behavior and decision-making, representing what is important and meaningful to an individual or organization.