The chief audit executive (CAE) decided to conduct a self-assessment with independent validation. Which of the following is the most likely reason the CAE selected this course of action?
A.
The audit committee requested the self-assessment for quality assurance purposes.
B.
The staff auditors have the necessary knowledge and experience to conduct the review.
C.
The internal audit activity is relatively small in size and is due for an external assessment.
D.
The internal audit activity is due for a self-assessment, which is specifically required at least once every five years.
It’s standard to have an external assessment every 5 years
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