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Question
Which type of audit is more suitable where there is no satisfactory system of internal check?
Which type of audit is more suitable where there is no satisfactory system of internal check?
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Solution
The correct option is D Continuous audit
Continuous Audit is a process of conducting the audit on a regular basis. It is basically a technology driven process where the records are checked on a continuous basis on such a way when task of a person is checked by another person in auto mode. Where there is no proper internal check are available, a continuous audit is more suitable.
Continuous Audit is a process of conducting the audit on a regular basis. It is basically a technology driven process where the records are checked on a continuous basis on such a way when task of a person is checked by another person in auto mode.
Where there is no proper internal check are available, a continuous audit is more suitable.
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