Which of the Following Is Not Considered an Advantage of Using

question 10

Short Answer

Which of the following is not considered an advantage of using a continuous auditing approach?
A. Transactions can be tested and analyzed closer in time to when they actually occur.
B. Better compliance with laws and regulations.
C. It can reduce the effort required for routine testing.
D. It can be costly and time consuming to set up continuous auditing processes.

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Definitions:

Manure

Organic matter, mainly derived from animal feces, used as fertilizer in agriculture.

Price Elasticity

A measure of the responsiveness of the quantity demanded or supplied of a good or service to a change in its price.

Bananas

A tropical fruit that is elongated and crescent-shaped when ripe, commonly used in economics examples to discuss trade or market dynamics.

Quantity Demanded

The total amount of a good or service that consumers are willing to purchase at a given price over a specified period.