When an organization is choosing a new external auditor, which of the following is the most appropriate role for the chief audit executive to undertake?
A.
Review and acquire the external audit service.
B.
Assess the appraisal and actuarial services.
C.
Determine the selection criteria.
D.
Identify regulatory requirements to be considered.
Why would it not be "C-determine the selection criteria"? My understanding is this would involve setting the standards and requirements the external auditor must meet, ensuring they align with the organizational needs including regulatory requirements.
Can someone explain why the CAE can identify such requirements, despite that he can mostly provide assessments and undirected discissions
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