ITPEC IP October 2018 Question 79
ITPEC IP October 2018 — Question 79 of 100
Compliance management establishes rules, manuals, and checking systems and conducts business according to laws, ethics, and social norms. It turns obligations and values into daily procedures, education, monitoring, reporting, and corrective action.
Answer (c)
Why not others:
- monitoring management legitimacy for shareholders describes corporate governance
- explaining operational activity and performance describes accountability
- providing timely information to investors describes investor relations or disclosure
Key rule: Compliance means ensuring organizational and employee conduct conforms to legal requirements, internal rules, ethical standards, and social expectations.
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