Evaluate Continuous Auditing And Monitoring Tools Practice Test

Continuous monitoring applies only to cybersecurity threats; continuous auditing applies only to financial transactions.

Continuous monitoring is more comprehensive than continuous auditing and subsumes all auditing activities.

There is no meaningful distinction - both terms refer to the same activity.

Continuous monitoring is performed by management to oversee controls and transactions on an ongoing basis; continuous auditing is performed by the audit function to provide independent assurance.