Continuous Assurance (Continuous Auditing) Will Lead To

question 88

Multiple Choice

Continuous assurance (continuous auditing) will lead to:

• A) fewer financial statement audits
• B) use of audit modules embedded in ERP systems
• C) convergence of GAAP and IFRS
• D) All of the above

---

Definitions:

Life's Troubles

Difficulties or challenges that one encounters in daily living, which can vary in nature and severity.

Frustration

A psychological state resulting from blocked goals or unmet needs, often leading to stress or negative emotions.

Stress

A physical, mental, or emotional factor that causes bodily or mental tension.

Incompatible Needs

Situations or desires that cannot be satisfied or met simultaneously due to conflicting requirements or circumstances.