Multiple Choice
Which of the following reporting relationships results in the greatest impairment to the independence of the chief audit executive (CAE) ?
A) The CAE reports administratively and functionally to the president.
B) The CAE reports administratively to the president and functionally to the board.
C) The CAE reports administratively to the chief financial officer and functionally to the president.
D) The CAE reports administratively to the audit committee and functionally to the chief operating officer.
Correct Answer:

Verified
Correct Answer:
Verified
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