An organization's audit charter should:
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A. B. C. D.B.
The correct answer is C. define the auditors' right to access information.
An audit charter is a formal document that outlines the scope, purpose, and authority of the audit. It provides the foundation for planning, executing, and reporting on an audit engagement. The audit charter should be developed and approved by management and the audit committee, and should be reviewed and updated regularly.
Option A is incorrect because the audit charter is focused on the audit function, and not the strategic direction of the enterprise. While the audit function may contribute to the achievement of the enterprise's strategic goals, this is not the primary purpose of the audit charter.
Option B is partially correct because the audit charter should include the audit objectives, which define the scope of the audit and the specific areas that will be examined. However, this is only one element of the audit charter, and it is not the most important one.
Option D is also partially correct because the audit charter should include the IS audit plan, which outlines the specific steps that will be taken to perform the audit. However, this is only one element of the audit charter, and it is not the most important one.
Option C is the correct answer because the audit charter should define the auditors' right to access information. This includes the right to access all relevant documents, records, systems, and personnel necessary to perform the audit. This is a critical element of the audit charter because it ensures that the auditors have the necessary access to information to conduct a thorough and effective audit. Without this, the audit could be incomplete or inaccurate, which could lead to serious consequences for the organization.