1.
Match the step in the Compliance Plan with the
appropriate description.
A. Step1, B. Step2, C. Step3, D. Step4, E. Step5, F. Step6, G.
Step7
|
. |
Designation of a compliance officer/contact(s) |
|
. |
Responding to detected offenses and developing corrective action initiatives |
|
. |
Auditing and monitoring |
|
. |
Enforcing disciplinary standards through well-publicized guidelines |
|
. |
Establish standards and procedures |
|
. |
Conducting appropriate training and education |
|
. |
Developing open lines of communication |
Answer:
Step 1: Designation of a compliance officer/contact(s)
Step 2: Conducting appropriate training and education
Step 3: Establish standards and procedures
Step 4: Developing open lines of communication
Step 5: Enforcing disciplinary standards through well-publicized guidelines
Step 6:Auditing and monitoring
Step 7:Responding to detected offenses and developing corrective action initiatives
1. Match the step in the Compliance Plan with the appropriate description. A. Step1, B. Step2,...
Point out examples and evidence from the sample compliance plan to show that it follows the seven principles outlined above. If you feel there is no evidence for one or more principles, indicate the same with justification. Are there areas of improvement and changes that you would like to make to this sample compliance plan. If you were appointed as the Compliance Coordinator (whose responsibilities are outlines in the sample compliance plan), what are some of the top-priority tasks you...