An internal audit activity’s evaluation of sales and contracts revealed that a bribe had been paid to secure a major contract. There was a strong possibility that a senior executive manager had authorised the payment. Which of the following best describes the proper distribution of the completed final engagement communication?

Required:

Choose the correct answers from the options provided.

Question

An internal audit activity’s evaluation of sales and contracts revealed that a bribe had been paid to secure a major contract. There was a strong possibility that a senior executive manager had authorised the payment. Which of the following best describes the proper distribution of the completed final engagement communication? 
 
 Required: 
 
 Choose the correct answers from the options provided.

Accepted Answer

The report must be distributed to the board and the CAE should decide whether further distribution is appropriate.

Answer

The report should be distributed to the board, the appropriate law enforcement agency, and the appropriate regulatory agency.

Answer

The report should be distributed to the chief executive officer (CEO) and the appropriate regulatory agency.

Answer

The report should be distributed to the board, the CEO, and the independent external auditor.

Crowdly

An internal audit activity’s evaluation of sales and contracts revealed that a b...

Want instant access to all verified answers on mymodules.dtls.unisa.ac.za?