Ethics audit steps - Study guides, Class notes & Summaries

CCEP Question and answers rated A+ 2024A company uses 5,000 third parties to accomplish business tasks. Which of the following steps should the compliance and ethics professional take to require third parties to comply with the company's ethics and compliance standards? A. Read the third party's code of conduct. B. Include the standards in the third-party contract. C. Conduct due diligence on the third party. D. Communicate the standards to the third part - correct answer B. Include ...

Gleim's CPA Test Prep Auditing [1] Which of the following is required documentation in an audit in accordance with generally accepted auditing standards? A. A flowchart or narrative of the accounting system describing the recording and classification of transactions for financial reporting. B. An audit program setting forth in detail the procedures necessary to accomplish the engagement's objectives. C. A planning memorandum establishing the timing of the audit procedures and coordinating the ...

CCEP: Set 1 A company uses 5,000 third parties to accomplish business tasks. Which of the following steps should the compliance and ethics professional take to require third parties to comply with the company's ethics and compliance standards? A. Read the third party's code of conduct. B. Include the standards in the third-party contract. C. Conduct due diligence on the third party. D. Communicate the standards to the third part - correct answer B. Include the standards in the third-p...

CHC Exam Questions With 100% Correct Answers Already Passed!! Latest 2024/2025. Chapter 8 Federal Sentencing Guidelines (FSG) Guidelines and policy in this section apply to sentencing in federal criminal prosecution when the convicted defendant is an organization FSG- 4 factors that increase ultimate punishment of an organization 1.Involvement in or tolerance of criminal activity 2.Prior history of the organization 3.The violation of an order 4.The obstruction of justice FSG- The two fact...

CCEP: Set 1A company uses 5,000 third parties to accomplish business tasks. Which of the following steps should the compliance and ethics professional take to require third parties to comply with the company's ethics and compliance standards? A. Read the third party's code of conduct. B. Include the standards in the third-party contract. C. Conduct due diligence on the third party. D. Communicate the standards to the third part - correct answer B. Include the standards in the third-par...

BBA 350 Final Exam Practice Questions With Verified Answers Multinational and global organizations must not present a consistent face to their shareholders, customers, and suppliers but instead must operate with a different value system in each country they do business in. False The term ethics describes standards or codes of behavior expected of an individual by a group to which the individual belongs. True The board of directors of an organization is normally responsible for day-t...

CISA Domain 1 Exam 88 Questions with Verified Answers Interviewing and Observing Personnel - CORRECT ANSWER Actual Functions - An adequate test to ensure that the individual who is assigned and authorized to perform a particular function is the person who is actually doing the job. Actual Processes and Procedures - allows the IS auditor to gain evidence of compliance and observe deviations, if any. Security Awareness - Should be observed to verify an individuals understanding and practice ...

What is the definition of audit? - Auditing is a detailed and specific evaluation of a process, procedure, organization, job function, or system, in which results are gathered and reported. What is the purpose of ethics? - To mandate the professional and personal conduct of auditors According to the ISACA Code of Ethics is an auditor allowed to share the results of an audit with other personnel? - The auditor must maintain confidentiality of the audit unless required by legal authority Sho...

CHC exam questions and answers 2024 Chapter 8 Federal Sentencing Guidelines (FSG) -Answer-Guidelines and policy in this section apply to sentencing in federal criminal prosecution when the convicted defendant is an organization FSG- 4 factors that increase ultimate punishment of an organization -Answer- 1.Involvement in or tolerance of criminal activity 2.Prior history of the organization 3.The violation of an order 4.The obstruction of justice FSG- The two factors that mitigate the ult...

CIPM – IAPP Questions and Answers Already Graded A Strategic Management is the first high level necessary task to implement proactive privacy management through the following 3 subtasks: (1) Define Privacy Vision and Privacy Mission Statementnn(2) Develop Privacy Strategynn(3) Structure Privacy Team Strategic management of privacy starts by creating or updating the organization vision and mission statement based on privacy best practices that should include: (1) Develop vision and mi...