The choice of using audit sampling versus audit data analytics (ADA) is often a matter of _______.
A) determining which method management would prefer the auditor use
B) what is most effective and efficient in determining whether a control is presented fairly, in all material respects
C) what is most effective and efficient in determining whether an assertion is presented fairly, in all material respects
D) which method will be more cost efficient for the client
Correct Answer:
Verified
Q33: The auditor is most likely to use
Q34: The use of audit sampling _.
A)is prohibited
Q35: In which of the following situations is
Q36: A representative audit sample _.
A)is likely to
Q37: Audit sampling is defined as _.
A)allowing engagement
Q39: AS 2315 and AU-C 530 on Audit
Q40: The auditor's conclusion based on the sample
Q41: With regard to statistical sampling, _.
A)sample size
Q42: When sampling, the risk always exists _.
A)that
Q43: Sometimes an audit population may be sufficiently
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