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The internal audit activity (IAA) for a chain of retail stores recently concluded an engagement to evaluate sales adjustments in all stores in the Southeast region. The engagement revealed that several stores are costing the organization substantial sums in duplicate credits to customers' charge accounts. The final engagement communication published 8 weeks after the engagement was concluded, incorporated the internal auditors' recommendations to store management that should prevent duplicate credits to customers' accounts. Which of the following standards has been disregarded in the above case? A. The follow-up actions were not adequate. B. The final engagement communication was not timely. C. Internal auditor recommendations should not be included in the final engagement communication. D. The internal auditors should have implemented appropriate corrective action as soon as the duplicate credits were discovered. |