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The chief audit executive (CAE) uncovers a significant fraudulent activity that appears to involve the executive vice president to whom the CAE reports. Which of the following best describes how the CAE should proceed? A. Conduct an investigation to ascertain whether the executive vice president is involved in the fraudulent activity. B. Notify regulatory authorities and police. C. Interview the executive vice president to obtain essential evidence. D. Report the facts to the chief executive officer and the audit committee. |