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Each of the Following Is True About Benford's Law Except

Question 2

Multiple Choice

Each of the following is true about Benford's Law except:


A) Benford's law broadly identifies the possible existence of fraud, but does not identify promising leads.
B) Benford's law states that each digit (from 1 to 9) will be the first digit in a number approximately the same amount of times as every other digit.
C) A major advantage of using Benford's law to detect fraud is that it is the least expensive method to implement and use.
D) Fraud perpetrators are less likely to learn that you are analyzing data according to Benford's law because it does not involve extensive data mining queries.

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