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

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Q.	Which of the following statements is not true about continuous audit?
A.	It is conducted at regular interval.
B.	It may be carried out on daily basis.
C.	It is needed when the organization has a good internal control system.
D.	It is expensive.
Answer» C. It is needed when the organization has a good internal control system.

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