Data Mining for Fraud Detection: Toward an Improvement on Internal Control Systems? Mieke Jans, Nadine Lybaert, Koen Vanhoof Abstract Fraud is a million dollar business and it’s increasing every year. The numbers are shocking, all the more because over one third of all frauds are detected by ’chance’ means. The second best detection method is internal control. As a result, it would be advisable to search for improvement of internal control systems. Taking into consideration the promising success
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372). The main theory of consequentialism is based on what Hussey (2012) describes as, “the goodness or badness” (p. 7) of a particular action or outcome, with an aim to maximize positive outcomes while reducing negative ones (McIntyre, 2014, p. 373). Based on this principle, Jack’s nurse would somehow have to know what the outcome
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fragmented. Using theoretical and conceptual models this paper provides an informed understanding and critical assessment of the University of Dar es Salaam cyber security policy through addressing the following research questions: What are the IT risk management policy and systems that can be developed for the University of Dar es salaam? The primary data is collected through surveys, and interviews that are open ended and close ended. The results of the paper demonstrated that colleges and universities
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you gained in your OWASP research. Lab Assessment Questions & Answers 1. Identify the four recognized business functions and each security practice of OpenSAMM. 1) Governance 2) Construction 3) Verification 4) Deployment 2. Identify and describe the four maturity levels for security practices in SAMM. 1) Implicit starting point representing the activities in the Practice being unfulfilled 2) Initial understanding and ad hoc provision of Security Practice 3) Increase efficiency and/or
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Midterm Exam – Summer 2011 Chapter 01 Ethical Reasoning Implications for Accounting Multiple Choice Questions 1. Each of the following characteristics describes the importance of integrity in decision making except for: A. Acting out of moral principle B. Being loyal to one's superior C. Having the courage to do the right thing D. Not subordinating professional judgment to others 2. The ancient Greeks thought of the virtues as characteristics of behavior that: A. Could lead
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Annette Davis Inside Public and Private Policing CJA 500 Survey of Administration & Justice Dr. John Baiamonte, Jr. November 1, 2010 Assignment Write a 1500 to 2000 word paper that compares and contrasts the roles, responsibilities, and differences of public and private policing. Cite at least two scholarly works (articles or books) or government documents. However, your textbook cannot be used as a source. Public policing has been known to have a monopoly on policing until the increased
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Auditing Review Sheet Period Test II Chapter 4. Audit Evidence and Audit Documentation. * Understand the types of management’s assertions (assertions about (1) account balances, (2) transactions, and (3) disclosures). Should be able to describe in own words, give own examples and relate to examples given in the exercises. * 1) Account Balances Existence – assets, liabilities, and equity interests exist. Rights and obligations – the entity holds or controls the rights to assets, and
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CONCEPTS Section 2: Economic Concepts Essential to Obtaining an Understanding of an Entity's Business and Industry 4. What effect would a decrease in interest rates by the Federal Reserve most likely have in the nation’s manufacturing sector, all other factors remaining constant? A. An increase in both production and employment B. A decrease in both production
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Project Part One Risk Management Draft Jarvis Thomas ITT Technical Institute IS 3110 Risk Management in Information Technology Security 16 October 2014 Table of Contents Document Purpose 3 Definition 3 Risk Management Approach 3 Risk Tolerance 4 Risk Management Tasks 4 Document Purpose The Risk Management Plan describes how risk management will be
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All rights reserved. Chapter 07 Revenue and Collection Cycle “What at first was plunder assumed the softer name of revenue.” Thomas Paine 7-2 Learning Objectives 1. Discuss inherent risks related to the revenue and collection cycle with a focus on improper revenue recognition 2. Describe the revenue and collection cycle, including typical source documents and control procedures. 3. Give examples of tests of controls over customer credit approval, delivery, and accounts receivable
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