QUESTION 8

All of the following will help the Chief Audit Executive (CAE) identify the available knowledge, skills and competencies of the internal audit staff except

		Hiring practices
		Periodic skills assessment
		External service provider
		Staff performance appraisals

QUESTION 12

The Chief Audit Executive (CAE) should report functionally to the board. The board is responsible for which of the following activities

1. Internal communication and information flows

2. Approval of the internal audit risk assessment and related audit plan

3. Approval of annual compensation and salary adjustments for the Chief Audit Executive (CAE).

		1 and 2 only
		2 and 3 only
		1 and 3 only
		1, 2 and 3