Which of the following best describes the most important criteria when assigning responsibility for specific tasks required in an audit engagement?

An organization decides to create an internal audit function and hires a new chief audit
executive (CAE). Which of the following should the CAE first consider when developing the internal audit process?

In preparing to facilitate a control self-assessment session, an auditor would be least likely to ensure that:

An internal auditor examined a nostatistical sample of open accounts receivable balances and discovered that 10 out of 60 exceeded the approved unseated credit limit threshold defined by the organization's policy What should the auditor document in the workpapers?

Which of the following is true of engagement recommendations?
I. Specific suggestions for implementation must be included.
II. The internal auditor's observations and conclusions may serve as the basis.
III. Actions to correct existing conditions or improve operations may be included.
IV.
Approaches to correcting or enhancing performance may be suggested.