Each of the Following Is True About Benford's Law Except

question 2

Multiple Choice

Each of the following is true about Benford's Law except:

• A) Benford's law broadly identifies the possible existence of fraud, but does not identify promising leads.
• B) Benford's law states that each digit (from 1 to 9) will be the first digit in a number approximately the same amount of times as every other digit.
• C) A major advantage of using Benford's law to detect fraud is that it is the least expensive method to implement and use.
• D) Fraud perpetrators are less likely to learn that you are analyzing data according to Benford's law because it does not involve extensive data mining queries.

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Definitions:

Fixed-position Layout

A layout design where the product remains stationary and workers, materials, and equipment are moved as needed to the product’s location, often used for large or bulky items.

Highway Tunnel

A type of road passage that runs underneath an obstacle or terrain feature, such as a mountain, water body, or city.

Process-oriented Layout

A workplace arrangement where equipment and workstations are organized according to the sequence of operations for producing goods or delivering services.

Equipment Assignments

The allocation of specific machinery or tools to designated operations or tasks within a production or work process.