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(Solved): udit data analytics (ADA) and representative sampling have some similarities and differences. Which ...



udit data analytics (ADA) and representative sampling have some similarities and differences. Which of the following statements is true? Representative sampling starts with the entire population of transactions or account balances, whereas audit data analytics starts with a subset of the population. Audit data analytics tests fewer items than representative sampling does. The main difference between using ADAs and representative sampling is the difference in how the items to be tested are selected. In representative sampling, every transaction is selected to be examined.



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Representative sampling and audit data analytics (ADA) are two methods used in auditing to collect and analyse data. In terms of how they are applied
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