Which ONE of the following statements is INCORRECT?

Select one:

a$.$

Control indicators are a helpful technique to use in the external audit methodology of classifying controls.

b$.$

Collecting and monitoring indicators are of no use unless action is subsequently taken.

c$.$

Indicators can be tracked over various periods of time $($e$.$g$.$ daily, weekly, monthly and annually$).$

d$.$

Indicators are commonly reported on dashboards.