A chief audit executive (CAE) for a specialty retailer is asked by management to review the controls in place to manage their electronic funds transfer process. The internal audit activity has no experience with similar engagements. What is the most appropriate course of action for the CAE to take?

Which of the following activities would be most likely to impair the objectivity of an internal auditor?

Which of the following controls within a spreadsheet would address the risk of logic errors?
1. The spreadsheet contains formulas that foot and cross-foot data.
2. The spreadsheet is locked to protect cell formulas from being inadvertently changed.
3. Spreadsheets are included in nightly backup processes.
4. Check-in and check-out software is used to manage version control.

The last quality assessment of the internal audit activity identified three areas for improvement: the achievement of audit engagement objectives,quality of work,and staff development. According to IIA guidance,which of the following should be the chief audit executive's primary focus to achieve these recommended improvements?

Which of the following best demonstrates the authority of the internal audit activity?