Maxwell Corporation is establishing a new internal auditing department and has hired Fred Johnson as the director of the new department. Mr. Johnson has set the establishment of a charter for the department as his top priority. In a meeting with the corporate general manager, Mr. Johnson outlined specific provisions that he felt were important and should be included in the charter. Four of them were:

• The director of internal auditing reports administratively to the corporate general manager, although the audit committee of the board of directors must approve the hiring or firing of the director of internal auditing.

• Corporate management must provide the internal auditing department with access to all corporate documents necessary for the completion of its audits.

• The internal auditing department, at the request of the company's external auditors and with the approval of the director of internal auditing, may assist in the gathering of information and performance of audit tests for the annual audit of the company's financial statements. All judgments and opinions resulting from that audit, however, are the sole responsibility of the external auditors.

• The internal auditing department, under the supervision of the director of internal auditing, shall have the responsibility to develop standards of control for EDP operations.

Required:

Comment on the appropriateness of each of the four proposed provisions.