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B is the correct answer
Answer is B. Concurrent audit is conducted in a fixed intervals like Quarterly, monthly, etc.. Continuous audit also conducted regularly during the year.
D)
The correct answer is b
(B) since Concurrent Audit is:
- a systematic & timely examination of financial transactions on a regular basis to ensure accuracy, compliance with P&Ps.
- an ongoing appraisal of the financial health of an entity to determine whether the financial management arrangements (as the internal control mechanisms) are effective & efficiently identify areas of improvement to enhance.
B,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
The answer is B AS MENTION in the above answers.
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