The audit which is performed by a statutory auditor throughout the year is known as:

Internal audit
Interim audit
Annual audit
Continuous audit

The correct answer is: D. Continuous audit

A continuous audit is an audit that is performed throughout the year, as opposed to an annual audit, which is performed once a year. Continuous audits are more in-depth than annual audits and can help to identify problems early on. They can also be used to track the progress of a company’s financial performance.

An internal audit is an audit that is performed by an organization’s own employees. Internal audits are designed to ensure that the organization’s financial statements are accurate and that its internal controls are effective.

An interim audit is an audit that is performed between annual audits. Interim audits are typically shorter than annual audits and are used to assess the company’s financial performance during the interim period.

An annual audit is an audit that is performed once a year. Annual audits are typically more comprehensive than interim audits and are used to assess the company’s financial performance for the entire year.

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