The chief audit executive (CAE) annually develops a budget and resource plan and submits it to the board for approval. This action best fulfills which of the following responsibilities of the CAE?
The chief audit executive (CAE) annually develops a budget and resource plan and submits it to the board for approval. This action best fulfills which of the following responsibilities of the CAE?
The chief audit executive annually developing a budget and resource plan and submitting it to the board for approval is primarily about ensuring that the internal audit function has the necessary resources and independence to perform its activities effectively. This action best fulfills the responsibility to maintain organizational independence, as the approved budget and resource plan support the audit function's ability to operate without undue influence from management.
Why D?