A chief audit executive (CAE) submits internal audit activity (IAA) plans and information about significant interim changes to senior management and the board for review. Which other piece of information should the CAE provide to senior management and the board?
A) Identification of proposed consultants and support staff for the IAA.
B) The most recent engagement of each member of the audit staff and its duration.
C) The CAE's preferred statistical analysis methods and relevant software to be utilized.
D) Resource requirements and resource limitations.

Question

Quizplus · Accepted Answer

The CAE should provide information on resource requirements and limitations to ensure that the board and senior management are aware of any constraints that might impact the internal audit activity's ability to fulfill its responsibilities effectively.

A Chief Audit Executive (CAE) Submits Internal Audit Activity (IAA)