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Which of the following statements is true regarding Audit Data Analytics? Because ADAs can analyze all the data in a database, sampling is no longer
Which of the following statements is true regarding Audit Data Analytics? Because ADAs can analyze all the data in a database, sampling is no longer permissible. ADAs is a term favored in North American, whereas Europeans refer to CAATs. The principal advantage of ADAs is that they are powerful enough to review all data, whereas traditional techniques rely heavily on sampling. CPA Canada requires the use of ADAs in every audit
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