Which of the following actions by a chief audit executive is most likely to prevent exaggerated sales reports by division management?

I. Hire a new internal auditor who has fraud investigation credentials.

II. Assist the controller in developing and monitoring a series of business process indicators which are historically correlated with, but independent of, sales.

III. Announce a series of internal audit engagements focusing on compliance with corporate sales-reporting policies.

IV. Ask the president and the board to issue a statement of corporate policy stressing the importance of accurate management reporting and the negative consequences of intentional misreporting.