Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. by examining first digits, company xxx suspects fr

By examining first digits, Company XXX suspects fraud. You are asked to review the sample...

60.1K

Verified Solution

Question

Accounting

By examining first digits, Company XXX suspects fraud. You are asked to review the sample of invoices shown on the previous page to see if they make sense. You are familiar with several fraud detection methods and are eager to try out Benfords Law. CASE 11 INVOICE AMOUNTS $149,200.00 $19,489.00 $1,134.00 1,444.00 12,485.00 446.00 1,756.00 26,995.00 678.00 91.59 235,535.00 456.00 2,250.00 59,155.00 341.00 38,005.00 109,995.00 890.00 45,465.00 212,536.00 402.00 112,495.00 685.00 467.00 137,500.00 765.00 465.00 37,300.00 234.00 1,516.00 36,231.00 435.00 375.00 26,695.00 1,045.00 Need proper solution using excel.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Explain the significance of following- 1. Profitability ratio 2. Liquidity ratios 3. Leverage ratios. Explain in detail.

Accounting
Q

Which of the following parameters would be different for a reaction carried out in the presence...

Chemistry
Q

using lunix or C programming to answer this lab please fill in the blanks with the...

Programming
Q

2 Two point charges 8q and 2q are located at x 0 and x L...

Physics
Q

For the function f(x)=x +3, construct and simplify the difference quotient f(x+h)-f(x) hThe difference quotient...

Calculus
Q

-12 Comprehensive Oa November 30, 2019, Davis Company had the following account balances:...

Accounting
Q

Help Please! Revenuc Cycle - System Documentation The following describes the revenue...

Accounting
Q

The following information is for Tide Corporation: thousands) Net sales Cost of goods sold 2817...

Accounting
Q

Critically discuss the balanced scorecard, the benefits, and criticisms of its usage. Critical examine how...

Accounting
Q

Complete the working paper by computing the financial ratios for 20X5 using Excel. you will...

Accounting
Q

Personalty Depreciation Exercises I - Company ABC purchased the following assets on October 21, 2022,...

Accounting
Q

What is the labor rate ($) variance for the month? The following labor standards have...

Accounting