A Mathematical Algorithm That Predicts the Percentage of the Time

question 30

Multiple Choice

A mathematical algorithm that predicts the percentage of the time each digit will appear in a sequence of numbers:

• A) Inductive fraud detection
• B) Deductive Fraud detection
• C) Benford's law
• D) Horizontal Analysis
• E) Vertical Analysis

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Definitions:

Duty of Due Diligence

An obligation to conduct a comprehensive appraisal of a business or individual prior to signing a contract, to avoid harm.

Declares a Dividend

When a company's board of directors announces the payment of a dividend, distributing a portion of earnings to shareholders.

Corporate Debt

Financial obligations owed by a corporation, typically arising from bonds or loans used to finance the company's operations.

LLC

A Limited Liability Company is a business structure in the United States that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.