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

question 272

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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?


Definitions:

Precious Gems

Rare, naturally occurring minerals that are considered valuable and are used in jewelry for adornment and investment.

Luxury Lighting

High-quality, often designer, lighting fixtures and solutions that are positioned as luxury items and often carry a higher price point.

Specific

Clearly defined or identified; precise or particular in nature.

Measurable

Capable of being quantified or subjected to measurement, often used to determine the effectiveness or impact of certain actions.

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