A chief audit executive (CAE) was asked to participate in the selection of an external auditor. Which of the following would not be a typical responsibility for the CAE?
A) Evaluate the proposed external auditor fee.
B) Recommend criteria to be used in the selection process.
C) Develop appropriate performance metrics.
D) Monitor the work of the external auditors.

Question

Quizplus · Accepted Answer

The Answer of A chief audit executive (CAE) was asked to participate in the selection of an external auditor. Which of the following would not be a typical responsibility for the CAE?
A) Evaluate the proposed external auditor fee.
B) Recommend criteria to be used in the selection process.
C) Develop appropriate performance metrics.
D) Monitor the work of the external auditors.

A Chief Audit Executive (CAE) Was Asked to Participate in the Selection