Of the following statements, which are true concerning the reporting of the internal audit activity's (IAA) quality assurance and improvement program (QAIP).

I. The QAIP report should evaluate compliance with the Definition of Internal Auditing, the Code of Ethics and the Standards.

II. The QAIP report should address compliance with the internal audit activity's charter.

III. The QAIP report should include contribution to the organization's governance, risk management and control processes.

IV. The QAIP report should be addressed to all members of the internal audit activity.

Select one:

a. I, II , III and IV.

b. I and II only.

c. I, III and IV only.

d. I, II and III only.