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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


Definitions:

Serratus Anterior

A muscle located on the side of the chest, playing a significant role in the movement of the shoulder blade.

Pectoralis Major

A large muscle in the upper chest that helps with the movement of the shoulder and arm.

Rectus Abdominis

The rectus abdominis is a long muscle that runs vertically on each side of the anterior wall of the human abdomen, primarily responsible for flexing the lumbar spine and helping to compress abdominal contents.

Tongue

A muscular organ in the mouth of most vertebrates that manipulates food for mastication and is used in the act of swallowing.

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