W3-Data Analysis Discussion

 Comment the post below 
1-3 paragraph with the corresponding references

  From the two tests the observations made from the first test are that there are three transactions that are below 0 and incidentally all these transactions are deposits. The second test involved finding duplicates in bank transactions. One of the clear observations made from the test is that all duplicate transactions are checks. In addition, those transactions have a balance below 0. These tests identify trends that only deposits have negative transactions and only checks have duplicates. It is also important to note that the duplicates have negative balance. This can prompt more research to establish whether the deposits that have negative balances are also through check. This can be a fraud red flag (Oussii & Boulila Taktak, 2018).
I find these tests appropriate based on the original data set. However, more tests can still be done on the data. For instance, the database can be queried for tax payers ID and also location addresses. Lack of such information can be a pointer to shell vendors because they are not likely to have Tax payers ID and real location (Clarke, 2019).  These additional tests are likely to reveal or confirm the suspicious information that was first revealed by the initial tests. Based on this data, the company should try to improve its internal control mechanisms to ensure that it does not have issues of duplication in their transactions since they are pointers to possible fraudulent dealings. The company can also decide to strengthen its internal governance and code of ethics to ensure that the employees improve their level of ethics. This will go a long way in dealing with the organization (Kingsbury & Wilshusen, 2012).

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 15% with the discount code SUCCESS