The chief audit executive (CAE) of a multinational company must select an audit team to examine a newly acquired subsidiary in another country. Consideration should be given to which of the following factors?

(I) Local customs.

(II) Language skills of the auditor.

(III) Experience of the auditor.

(IV) Monetary exchange rate.

a.

I and III.

b.

I, II and III.

c.

II, III and IV.

d.

I and II.