Which of the following conditions should a chief audit executive take into account when deciding if a follow-up audit engagement is necessary?
· The reported observations were significant and high risk.
· Internal audit resources and the time it will require for follow-up.
· Management may not have the resources to take action.
· Management has previously decided not to take any action.
A. 1, 2, and 3 only
B. 1, 2, and 4 only
C. 1, 3, and 4 only
D. 2, 3, and 4 only
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