Which of the following statements concerning continuous monitoring is FALSE?
A) Data analysts use continuous monitoring technology to create detective controls.
B) Continuous monitoring software uses rules-based programming to monitor the business's data for red flags of risks.
C) Continuous monitoring can notify management in real-time when risk events occur.
D) Continuous monitoring focuses on segregation of duties to prevent fraud.

Question

Quizplus · Accepted Answer

Continuous monitoring primarily aims to detect and alert on potential risks or issues by analyzing data and patterns in real-time or near real-time. It does not focus on segregation of duties, which is a preventive control mechanism designed to reduce the risk of fraud by dividing responsibilities among different individuals or teams.

Which of the Following Statements Concerning Continuous Monitoring Is FALSE