Explain Benford's Analysis and How You Might Use It to Detect

question 47

Essay

Explain Benford's Analysis and how you might use it to detect fraud.

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Definitions:

Strategic Suggestions

Recommendations proposed with careful planning and consideration to achieve a specific goal or solve a problem, often within a business or competitive context.

Revise

The process of reviewing and amending documents or drafts to correct, improve, or update them.

Spell-check

A feature or tool in word processing software that checks for and indicates spelling errors in a text.

Grammar-check

The process of reviewing written text to ensure it adheres to rules of grammar and is free of errors.