Final answer:
The chief audit executive (CAE) has responsibilities for managing and overseeing internal audit resources within an organization.
Step-by-step explanation:
As the chief audit executive (CAE), their responsibilities for internal audit resources include managing and overseeing the internal audit function within an organization. This involves developing and implementing audit strategies and plans, ensuring the appropriate allocation of resources, and maintaining the necessary skills and expertise within the audit team.
The CAE is responsible for establishing and maintaining an effective internal audit framework, which includes defining the scope and objectives of the audits, conducting risk assessments, and evaluating the effectiveness of internal controls and risk management processes.
The CAE also plays a crucial role in communicating and reporting the audit findings to senior management and the board of directors, providing them with the necessary information and recommendations to improve the organization's governance, risk management, and internal control processes.