Which course of action should the auditor take?

While auditing an organization’s credit approval process, an internal auditor learns that the organization has made a large loan to another auditor’s relative.

Which course of action should the auditor take?
A . Proceed with the audit engagement, but do not include the relative’s information.
B. Have the chief audit executive and management determine whether the auditor should continue with the audit engagement.
C. Disclose in the engagement final communication that the relative is a customer.
D. Immediately withdraw from the audit engagement.

Answer: B

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