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5. Which of the following is a future state of Continuous Auditing/Monitoring? O Exception Review O Real time audit opinions O Work flow automation O

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5. Which of the following is a future state of Continuous Auditing/Monitoring? O Exception Review O Real time audit opinions O Work flow automation O Data analysis tools 6. Which of the following is Not true for Continuous Auditing/Monitoring? O Continuous auditing allows us to reduce effort in auditing planning cycle O Risk is not independent in continuous auditing O Continuous auditing may prevent insider trading O Audit team may create rule sets to perform analysis

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