Which of the Following Best Describes Continuous Auditing

question 34

Multiple Choice

Which of the following best describes continuous auditing?

• A)Audit-related activities are peformed throughout the period under review.
• B)The full audit team remains on the client site for the entire fiscal year.
• C)The database extracts every 10^th transaction and flags it for audit review.
• D)Auditors can generate greater fees by increasing the amount of manual testing performed for the client.

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Definitions:

Self-Esteem

Someone's subjective appraisal of their own value or worth.

Favorite Food

An individual's most preferred food item or dish, which brings a high level of enjoyment and satisfaction.

Depressed People

Individuals who are experiencing a persistent feeling of sadness or loss of interest, which can affect their daily functioning.

Nondepressed People

Individuals who do not clinically exhibit symptoms of depression or depressive disorder.