Which of the Following Is NOT an Analytical Fraud Symptom

question 14

Multiple Choice

Which of the following is NOT an analytical fraud symptom?

• A) Consistent cash shortages
• B) Overriding of existing controls
• C) Excess purchases
• D) Unreasonably high expenses

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Definitions:

Statistically Significant

A determination that a relationship observed in a dataset is unlikely to have occurred by chance, according to a predefined significance level.

Significance Level

This is the probability of rejecting the null hypothesis when it is true, usually denoted by alpha (α), and used as a threshold for determining statistical significance.

Null Hypothesis

A hypothesis that states there is no significant difference or effect, typically to be tested against an alternative hypothesis.

Expected Number

A statistical term referring to the calculated average or mean value anticipated in a probability distribution or experiment.