One of the disadvantages of Benford's law in detecting fraud is:
A)potential suspects are more likely to know you are trying to detect fraud than if you use such detection techniques.
B)it is very expensive to implement and use.
C)that those cases with the lowest probabilities do not match Benford's law and may need further investigation.
D)it only broadly identifies the possible existence of fraud;it fails to narrow possibilities to a manageable field of promising leads.

Question

Quizplus · Accepted Answer

Benford's law can indicate anomalies in data that may suggest fraud, but it does not provide specific leads or identify individual fraudulent transactions, requiring further investigation to pinpoint actual fraud.

One of the Disadvantages of Benford's Law in Detecting Fraud