Start learning →

Which statistical test is used in analytics to detect fraudulent figures in large data sets?

ABenford's Law
BPareto's rule
CGauss's rule
DWeber's law
Answer & Solution
Correct answer: A. Benford's Law
Benford's Law tests the digit patterns of financial data, since fraudsters often gravitate to amounts that slip under control thresholds.
Practise this question with Quill — CA Final →

Keep practising Powers and Duties of Auditors and Auditing Standards

Browse all Powers and Duties of Auditors and Auditing Standards questions for CA Final, or explore more Auditing topics.

Start a Powers and Duties of Auditors and Auditing Standards lesson →
Related questions