The Chief Audit Executive (CAE) of a New Organization Is

question 26

Multiple Choice

The chief audit executive (CAE) of a new organization is in the process of determining the manner in which audit reports will be distributed and to whom. According to the Standards, which of the following is the most appropriate course of action for the CAE to take to develop this distribution process?

• A) The process should be determined in meetings with the external auditor and senior management to ensure alignment with external reporting.
• B) The CAE should meet with senior management for their input, but finalize the distribution of all reports with the board.
• C) The CAE should independently implement the report distribution, using best judgment to ensure that all relevant stakeholders are informed.
• D) The CAE should request that senior management and the board meet to determine the most appropriate reporting method.

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Definitions:

Predestination

A theological concept within Christianity, particularly in Calvinism, that suggests all events have been willed by God, including the eternal fate of souls.

Pueblo Indians

Native American people historically known for their unique communal living structures and agricultural practices, primarily located in the Southwestern United States.

Franciscan Missions

Refers to the efforts by members of the Franciscan order to spread Christianity among indigenous populations, particularly noted in the Americas.

French Control

The period or situations in which France exercises authority or governance over territories, either domestically or in colonial settings.