Question: (LO 5-3) Analysis: Implementing continuous auditing procedures is similar to automating an audit plan with the additional step of scheduling the automated procedures to match

(LO 5-3) Analysis: Implementing continuous auditing procedures is similar to automating an audit plan with the additional step of scheduling the automated procedures to match the timing and frequency of the data being evaluated and the notification to the auditor when exceptions occur. In your opinion, will the traditional audit be replaced by continuous auditing? Support your answer.

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