Webclass 30 Quiz: Telling Stories with Data

Q1. Why should we mention the big drama first?

Because otherwise people might get bored and go away or not understand why they should listen to the rest of the presentation

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To create curiosity and keep people hooked for the rest of the presentation

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We shouldn't because it takes away the impact

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Q2. Why does Claire mention that we should start with the figures for the total population first?

So that people can follow you from the top values down to what you are looking at

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So that people can relate – from the start – point to your presentation

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So that people can follow the path of your story in their mind

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So that the audience can agree with the start of the presentation

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Because the audience might find it boring otherwise

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Q3. Why should we remind the audience of the totals at each point of our presentation?

So that the audience can remember where we are

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So that the audience can remember the part of the population from which we are looking at the rest of the analysis

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We shouldn't remind the audience of the value of the population that we are looking at because they will find it repetitive

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Q4. What could be the definition of “accounting scheme” that Claire is talking about?

The list of general ledger accounts on debit and the list of general ledger accounts on credit

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The lists are ordered in order of descending value of the journal entry line

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The accounting scheme shows one general ledger account on debit and one general ledger account on credit

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Q5. How does the scatter diagram that shows the number of entries versus the value of accounting schemes help us?

It helps us to identify general ledger accounting schemes that are very rare but that are of a high value

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It shows us the accounting schemes that are fraudulent

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Q6. When looking for/ creating a story, why would we switch the angle that we are looking at from accounting schemes to user, for example?

In order to see if there are users that tend to enter fraudulent entries

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In order to pinpoint potential fraudsters

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To give ourselves clues as to what we can look at in more detail

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To make the presentation more interesting

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Q7. How can we “cheat” in order to find information quickly that will help us to build our story?

Use correlation

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Use reconciliation

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Q8. How does correlation help us to build the story?

Enables us to see an overview of the suppliers that are picked up by lots of tests

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Enables us to see the value of transactions for suppliers that are picked up in lots of tests

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Enables us to then dive down to the detailed test dashboards after identifying the suppliers that are of particular risk

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One test result on its own (such as missing address) is not necessarily a big issue, but could be if there are lots of other issues (such as payments without invoices). The combination of those issues for one supplier helps us to identify the fraud risks quicker and the elements that we can include in our story

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Enables us to see the fraud case from the top summary dashboard straight away

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Q9. If we are using correlation, should we still start from the top-level figures?

Yes, using correlation we can see the top level figures for the suppliers that are identified by our tests

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No, with correlation we don't need to look at top level figures

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Q10. If we are using correlation, what other categories will help us to see patterns concerning the suppliers that are of particular risk?

Time period in which the issues are occurring

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Users that are entering transactions for those suppliers

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Suppliers that have the same bank account

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Webclass 30 Quiz: Telling Stories with Data

Webclass 30 Quiz: Telling Stories with Data

admin June 9, 2026

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