The choice of using audit sampling vs.audit data analytics (ADA) is often a matter of what is most effective and efficient in determining whether an assertion is presented fairly, in all material respects.

Question

Quizplus · Accepted Answer

The statement accurately reflects the considerations involved in choosing between audit sampling and audit data analytics for determining the fairness of assertions. It is a matter of determining what is most effective and efficient in achieving the objectives of the audit.

The Choice of Using Audit Sampling Vs