Answer the following two capital project related questions with at least 3 scholarly sources cited in MLA format.
1) Capital Project – What key activities should the Internal Audit department include in their annual Audit Plan in regards to the IT Security project? What factors should the CAE (Chief Audit Executive) consider in determining what resources (internal or external) to assign to this audit project
2.) Capital Project – Identify the key financial (e.g., budgeting, cost capitalization) and operational (e.g., system development life cycle) project risks and recommend how these risks should be addressed. Be sure to reference applicable accounting standards and relevant project governance best practices.
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