Multiple Choice
Which of the following statements concerning continuous monitoring is FALSE?
A) Continuous monitoring uses data stored in the AIS for analysis.
B) The continuous monitoring program is often its own system with its own risks.
C) Continuous monitoring is an internal control that often uses additional internal controls for its source data and the monitoring program.
D) Continuous monitoring programs are kept separate from the AIS to avoid creating its own technology risks.
Correct Answer:

Verified
Correct Answer:
Verified
Q52: Internal audit provides the third line of
Q53: Internal controls for accounting information focus on<br>A)
Q54: What bill was passed by the U.S.
Q55: Which COSO Internal Control Integrated Framework control
Q56: Internal auditors who are employees of the
Q58: Which of the following methods of controls
Q59: Which statement concerning maturity models is FALSE?<br>A)
Q60: Explain the time-based model of controls for
Q61: In what ways do companies address risk?<br>A)
Q62: Fully automated physical inventory controls may prevent