Suspecting Fraud, the Chief Financial Officer (CFO) Asked the Internal

Multiple Choice

Suspecting fraud, the chief financial officer (CFO) asked the internal audit activity to investigate a significant increase in travel related expenditures. Work was performed by a qualified internal auditor. Following the completion of the engagement, the chief audit executive (CAE) reported to the CFO that no violations were found and no fraud had occurred. According to the Standards, which of the following principles did the CAE violate?

A) Due professional care.
B) Individual objectivity.
C) Proficiency.
D) Organizational independence.