Which type of audit tool provides daily insight into user activities and system transactions?

The correct answer is Transaction Registers (TRs) because they are specifically designed to provide a detailed and daily overview of user activities and system transactions. These registers typically capture incoming and outgoing transactions, document changes, and log user interactions with the system. This daily insight is crucial for monitoring, compliance, and identifying any irregularities in user behavior or transactions.

In contrast, while transaction logs also record user actions and system transactions, they may not be structured to provide the same level of daily accountability and usefulness for immediate analysis as transaction registers. Audit records often contain information relevant for compliance purposes but may not be updated in real time or daily. Management reports are typically higher-level summaries that aggregate information over a longer period and do not provide the detailed transactional insights needed for immediate operational oversight.