$61$

MC $5-9($LO $5-4)$ If purchase orders are monitored for unauthorized activity...

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:

$01$:$14$:$27$

eBook

Multiple Choice

References

traditional audit.

perlodic test of internal controls.

continuous audit.

continuous monitoring.