Multiple Choice
________ constantly evaluates internal controls and transactions and ________ provides the status of the system so that an auditor can know at any given time whether the system is operating within the parameters.
A) Continuous reporting; continuous monitoring
B) Continuous monitoring; continuous reporting
C) The heterogeneous systems approach; the homogenous systems approach
D) The homogenous systems approach; the heterogeneous systems approach
Correct Answer:

Verified
Correct Answer:
Verified
Q3: Chapter 5 discusses the essential properties of
Q4: Which of the following describes an example
Q5: Which of the following best defines the
Q6: Continuous auditing relies heavily on alarms,which are
Q7: Under the guidance of the chief audit
Q9: The evaluation of audit data may be
Q10: The Order to Cash Subledger Standard focuses
Q11: Which Accounting Data Standard defines the format
Q12: Which Accounting Data Standard focuses on sales
Q13: Chapter 5 discusses the essential properties of