The Chief Audit Executive (CAE) Routinely Provides Activity Reports to the Board

Multiple Choice

The chief audit executive (CAE) routinely provides activity reports to the board during quarterly board meetings. Senior management has asked to review the CAE's board presentation before each board meeting so that any issues or questions can be discussed beforehand. The CAE should:

A) Provide the activity reports to senior management as requested and discuss any issues that may require action to be taken.
B) Not provide activity reports to senior management because such matters are the sole province of the board.
C) Disclose only those matters in the activity reports that pertain to expenditures and financial budgets of the internal audit activity.
D) Provide information to senior management that pertains only to completed audit engagements and observations available in published engagement final communications.