Which of the following statements is not true about continuous audit?

A. It may be carried out on daily basis

B. It is expensive

C. It is needed when the organization has a good internal control system

D. It is conducted at regular interval

Found an error? Read our corrections policy and submit a sourced correction below. You can also share a useful explanation in your own words.

Discuss the answer or suggest a sourced correction
Thank you for contributing.
Your comment was submitted and will appear after editorial review.

Your email is used only for moderation and is never displayed. Spam, copied material and fabricated endorsements are rejected.