Which of the following activities would be an example of an ongoing evaluation?
A)Automated review of all payment transactions.
B)Monthly bank statement reconciliations.
C)Periodic review of employee expense reimbursements.
D)All of the above.

Question

Quizplus · Accepted Answer

An ongoing evaluation refers to a continuous process of monitoring and reviewing a system or process over time. Automated review of all payment transactions is an example of an ongoing evaluation because it involves a continuous and automated process of reviewing payment transactions. The other options, monthly bank statement reconciliations and periodic review of employee expense reimbursements, are not necessarily ongoing evaluations as they only occur periodically and not continuously.

Which of the Following Activities Would Be an Example of an Ongoing