To be organizationally independent, the chief audit executive should administratively report to which of the following?

Comprehensive and Detailed Step-by-Step Explanation:

Reference to IIA Standards:

Standard 1110 - Organizational Independence: Organizational independence is achieved when the

CAE reports functionally to the board or audit committee and administratively to the CEO or

equivalent.

Reasoning:

Option C is correct because administrative reporting to the CEO ensures the CAE has access to

resources, support, and operations without impairing functional independence.

Option A and Option B describe functional reporting lines (e.g., approval of the audit charter and

plans), which are distinct from administrative reporting.

Significance of Reporting Structure:

Administrative reporting ensures the day-to-day management of the internal audit function, while

functional reporting maintains independence and alignment with governance.