According to IIA guidance, which of the following describes the primary reason the chief audit executive (CAE) should actively network and build relationships with senior management and the board?

The correct answer is A. To fulfill the CAE's responsibility to keep the board appropriately informed. The primary reason the CAE should actively network and build relationships with senior management and the board is to fulfill their responsibility to keep the board appropriately informed. This is crucial for ensuring that the board has a clear understanding of the risks…

Managing the Internal Audit Activity

Question

Options

ATo fulfill the CAE's responsibility to keep the board appropriately informed.
BTo expand the CAE's understanding of management issues.
CTo help maintain the objectivity of the internal audit activity.
DTo increase opportunities to demonstrate the internal audit activity performance.

How the community answered

(24 responses)

A
92% (22)
C
4% (1)
D
4% (1)

Explanation

The primary reason the CAE should actively network and build relationships with senior management and the board is to fulfill their responsibility to keep the board appropriately informed. This is crucial for ensuring that the board has a clear understanding of the risks, control issues, and internal audit findings that may impact the organization.

Topics

#CAE relationships#board communication#senior management#internal audit positioning

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