Continuous Auditing Looks At

question 21

Multiple Choice

Continuous auditing looks at:

• A)the output rather than the process
• B)the process rather than the output
• C)the process and the output
• D)the outputs from XBRL tagged accounts

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Definitions:

Activity Measure

An allocation base in an activity-based costing system; ideally, a measure of the amount of activity that drives the costs in an activity cost pool.

Patient-visits

A measure used in healthcare to quantify the number of visits or interactions patients have with healthcare providers.

Customers Served

The number or segment of clients who receive services or purchase products from a business within a given time frame.

Revenue

The total amount of money received by a company for goods sold or services provided during a specific period.