Question: If purchase orders are monitored for unauthorized activity in real time while month-end adjusting entries are evaluated once a month, those transactions monitored in real

If purchase orders are monitored for unauthorized activity in real time while month-end adjusting entries are evaluated once a month, those transactions monitored in real time would be an example of a:

a. Traditional audit.

b. Periodic test of internal controls.

c. Continuous audit.

d. Continuous monitoring.

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