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The Auditor Is More Likely to Use Audit Sampling When

question 158

True/False

The auditor is more likely to use audit sampling when internal controls are strong and reliable data does not exist to support audit data analytics (ADA).


Definitions:

Elimination

The process of removing or excluding something or someone from consideration or from a particular set or group.

Domestic Output

The aggregate value of every product and service created within the confines of a nation during a specific period.

Redistribution

The reallocation of income, wealth, or resources among individuals or groups in a society.

Economic Discrimination

Unfair treatment of individuals based on economic factors, such as income, wealth, or consumption patterns.

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