Which of the following tasks is appropriate for the CAE to undertake?

A multinational organization has asked the internal audit activity to assist in setting up the organization’s risk management system. The chief audit executive (CAE) agrees to take on the engagement as a consultant.

Which of the following tasks is appropriate for the CAE to undertake?
A . Coordinate and facilitate risk workshops for management to attend.
B. Establish the degree of risk appetite for management to accept.
C. Set risk indicators and mitigation plans for management to implement
D. Determine the number of significant risks for management to report to the board.

View Answer

Answer: A