Which of the Following Statements Is Wrong Regarding Continuous Audit

question 6

Short Answer

Which of the following statements is wrong regarding continuous audit?
A. Continuous audit is used to perform audit-related activities on a continuous basis
B. Testing in continuous audits often consists of continuous controls monitoring and continuous data assurance
C. Technology plays a key role in continuous audit in analyzing trends and patterns of transactions, identifying exceptions and anomalies, and testing controls
D. Continuous audit is frequently used to perform substantive tests and is used for testing of controls through transactional-data analysis

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Definitions:

Diverse Populations

Groups of people with varying characteristics, backgrounds, cultures, and experiences, enriching a community or organization.

Values And Manages Diversity

Recognizes the importance of diversity and inclusivity in the workplace and actively promotes practices that respect and utilize differences.

Cross-cultural Leaders

Leaders who can effectively manage, lead, and motivate individuals from different cultural backgrounds, understanding and bridging cultural differences.

Jeanine Prime

A recognized figure (without specifying the context of recognition), the statement lacks the necessary information to provide a concrete definition. NO.