Because of an abundance of high priority requests from management, an internal audit activity no longer has the resources to meet all of its commitments contained in the annual audit plan. Which of the following would be the best course of action for the chief audit executive to follow?
The best course of action for the chief audit executive would be to present a reassessment of the plan to the board and senior management for consideration. This approach ensures transparency and involves the key stakeholders in prioritizing the audit activities based on the available resources and high priority requests. It allows a collaborative decision-making process to adjust the annual audit plan in alignment with the organization's current needs and resource constraints.
shouldn't it be D?
cannot simply take all management request. need to perform reassessment before incorporated in the iap