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Management requested the chief audit executive (CAE) to include an audit of the organization's health and safety program in next year's annual audit plan. However, the internal audit department has no expertise in this area. Which of the following would be the most appropriate action by the CAE?
A. Accept the request provided management has conducted a thorough risk assessment prior to the engagement to help guide the audit.
B. With management's agreement, amend the scope of the audit to ensure that areas examined do not require specialized knowledge and expertise.
C. Meet with management to explain that the audit cannot be undertaken and discuss alternative strategies that can be implemented until internal audit can develop its capability in the area.
D. Advise management that compliance audits of this type should only be conducted by the corresponding regulatory agency to ensure independence.
Answer: C
NEW QUESTION: 2
GOPが検討できる将来の3つのタイプの供給計画オーダーは何ですか？ （3つ選択してください。）
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B. 計画的な注文をする
C. 計画注文の転送
D. 計画された注文をやり直す
E. 計画手配のスクラップ
Answer: A,B,C
Explanation:
Explanation
Future supply can include the supply that results from planned orders of three types: make, buy, or transfer.
References:
NEW QUESTION: 3
Assuming the security is not registered under the Uniform Securities Act, which of the following would not
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A. a stock that is listed on the American Stock Exchange
B. a put option on a stock that sells in the over-the-counter market
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D. a stock that is listed on the OTC Bulletin Board
Answer: D
Explanation:
A stock that is listed on the OTC Bulletin Board would not be exempt from state registration
unless it already happens to be registered under the Uniform Securities Act. Variable annuities and stocks
listed on the American Stock Exchange are classified as federal covered securities by the NSMIA of 1996
and are exempt from state registration. An amendment to the Securities and Exchange Act of 1934
exempts option contracts from state registration.
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