Exam IIA-CIA-Part2 topic 3 question 7 discussion

Which of the following is an advantage of an interim report?
I. An interim report provides timely feedback to the audit engagement client.
II. An interim report provides a mechanism for communicating information on red flags promptly while they are being investigated.
III. An interim report provides an opportunity for auditor follow-up of findings before the engagement is completed.
IV. An interim report increases the probability that corrective action will be initiated more quickly.