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It is likely to be used when the audit population is large, and the auditor's tests are supported by reliable and relevant data. In the
It is likely to be used when the audit population is large, and the auditor's tests are supported by reliable and relevant data. In the given table, match the entities related to audit data analysis and sampling on the left with their explanations on the right. A. B It is likely to be used when evidence to support the audit test is not available in electronic form C Audit data Audit data analytics Audit sampling Internal control It is required by the auditor to do audit sampling test. D. When it is not effective, the client data may not be reliable. In the given table, match the details of sampling on the left with their explanations on the right. A B. C. An audit procedure is tested on an entire group of transactions. An auditor selects less than 100% of a population and the sample is likely to provide a reasonable basis for drawing a conclusion about an entire population. It is a representative of the population. Audit sampling Sample Sampling is not required when Whenever the auditor draws a conclusion about the entire population based on a sample There is some level of uncertainty D. about the auditor's conclusion
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