Seven Essential Elements of An Effective Compliance Program include:Question 21 options: A-Establishing Compliance Standards of Conduct and Procedures B-Overall Compliance Program Oversight C-Due Care in Delegation of Authority D-Monitoring and Auditing Systems E-All of the Above

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Asked Dec 12, 2019
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Seven Essential Elements of An Effective Compliance Program include:

Question 21 options:

 

A-Establishing Compliance Standards of Conduct and Procedures

 

B-Overall Compliance Program Oversight

 

C-Due Care in Delegation of Authority

 

D-Monitoring and Auditing Systems

 

E-All of the Above

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Expert Answer

Step 1

Effective compliance program:

It is a set of internal policies and procedures that helps the organization to comply with rules, laws, and regulations. It helps the organization to adhere to the legal obligations.

Step 2

Determine the correct options:

The seven essential elements for the effective compliance program are standards and procedures, oversight, education and training, monito...

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