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Statistical sampling and use of computer-assisted audit techniques (CAATs) are important to the IS audit...

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Accounting

Statistical sampling and use of computer-assisted audit techniques (CAATs) are important to the IS audit for evidence gathering. Answer one of the following questions:

  • Explain the difference between statistical and non-statistical approaches to sampling. What do you think is most commonly used by auditors? Do you think the selection is situational-dependent?

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