Question: The chief audit executive ( CAE ) determines that specialized skills and expertise are needed to assess the organization's susceptibility to fraudulent financial reporting. Which

The chief audit executive

(

CAE

)

determines that specialized skills and expertise are needed to assess the organization's susceptibility to fraudulent financial reporting. Which is a potential advantage of co

-

sourcing related internal audit activities?

CORRECT

Improved timeliness of the internal audit activity

INCORRECT

Greater process control

Improved potential for high staff morale

Simplified privacy and confidentiality issues and considerations

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