The chief audit executive's responsibility regarding control processes includes:
A) Assisting senior management and the audit committee in the development of an annual assessment about internal control.
B) Overseeing the establishment of internal control processes.
C) Maintaining the organization's governance processes.
D) Ensuring that the internal audit activity assesses all control processes annually.

Question

Quizplus · Accepted Answer

The chief audit executive assists senior management and the audit committee in developing an annual assessment of internal control, but does not oversee the establishment of control processes or maintain governance processes.

The Chief Audit Executive's Responsibility Regarding Control Processes Includes