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An auditor imports a client's purchasing cycle transactions for the purposes of testing authorization controls. Which of the following is true regarding the implementation of
An auditor imports a client's purchasing cycle transactions for the purposes of testing authorization controls. Which of the following is true regarding the implementation of this audit data analytic? Multiple Choice o The use of statistical sampling in the performance of the ADA Increases the auditor's confidence. 0 The use of ADA for purchasing transactions often significantly increases audit risk relative to traditional auditing procedures. A disadvantage of implementation is the increased costs associated with ADA O Testing can be more efficiently conducted across 100% of transactions
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