Economics · Auditing
Which of the following statements is NOT true about a continuous audit?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1It is generally expensive compared to a periodic audit.
- 2It is strictly required only when the organization already has a highly robust internal control system.✓
- 3It may be carried out on a daily basis.
- 4It is conducted at regular intervals throughout the year.
Correct answer
It is strictly required only when the organization already has a highly robust internal control system.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Preparing for Economics?
Practice full-length Economics mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Auditing MCQs →Want more practice questions on Auditing?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Auditing