A.Undertaking audit work in an area where internal auditors lack the necessary skills.

B.Establishing an internal audit activity without documented policies and procedures.

C.Assigning compliance responsibilities to the chief audit executive.

D.Concluding that an internal control is effective without first obtaining evidence

A.Reporting relationships

B.Management approval

C.Independent review

D.Quarterly assessment

A.The CAE s compensation is approved by the chief financial officer

B.The CAE reports administratively to the chief operating officer

C.The chief audit executive (CAE) reports functionally to the CEO

D.The CAF's appointment is determined by the CEO

A.Deciding on the appropriate risk response

B.Delivering assurance on the risk management system

C.Evaluating principal risk reporting

D.Facilitating risk assessment workshops

A.During the past 18 months three chief financial officers have left the organization after having been promoted to the position

B.An employee receives a bonus for perfect attendance

C.The organization does not perform any due diligence research on third party service providers

D.Three competitors are highly profitable but a fourth equal in size is approaching bankruptcy limits