Accounting · Types of Audit
Which type of audit is generally preferred or conducted throughout the financial year at regular intervals for an Insurance Company due to the large volume of daily transactions?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Annual audit
- 2Interim audit
- 3Continuous audit✓
- 4Statutory final audit
Correct answer
Continuous audit
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