1. All of the following describe the continuous auditing EXCEPT: O Different data formats O Automating the repeated tests O Reviewing the whole population O Observing events periodically 2. Which of the following is the difference between Continuous Audit and Continuous Monitoring? O Whether it provides only independent assurance Whether it visualizes the results O Whether it uses automation tools O None of the above 3. Which of the following is NOT a reason auditing need to change? O Unnecessary risk and fraud O Duplicated systems and applications O Excessive audit and compliance costs Unreliable information technology tools