Final answer:
The most effective audit procedures for identifying executive compensation abuse or fraud include financial analysis, employee interviews, and document review.
Step-by-step explanation:
The most effective audit procedures to use to identify executive compensation abuse or fraud include financial analysis, employee interviews, and document review. Financial analysis involves analyzing financial statements, transaction records, and other financial data to identify any discrepancies or irregularities in executive compensation. Employee interviews can provide valuable insights into the compensation structure and practices within the organization. Document review involves examining relevant documents such as employment contracts, board meeting minutes, and compensation policies to ensure compliance.