For Its compliance program to be effective, an organization must perform procedures to ensure management hires only ethical Individuals who exercise a substantial measure of discretion In acting on the organization's behalf
Suggested Answer: B
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13 comments · newest first
FR
Franchesca
12 months ago
Definitely true, but what about training for existing staff?
LE
Leandro
12 months ago
I think it’s essential, but how do we really measure ethics?
VE
Verdell
12 months ago
True, discretion is super important for management.
FA
Fausto
1 year ago
Isn't it a bit unrealistic to expect only ethical people?
VE
Venita
1 year ago
Totally agree, ethics are key in hiring!
MO
Mona
1 year ago
I’m pretty confident it’s A. We discussed how management's role in hiring impacts the overall compliance culture in organizations.
CO
Cordell
1 year ago
I’m leaning towards B because I recall that discretion isn't the only factor in hiring ethical individuals. There might be other aspects to consider.
AL
Aleshia
1 year ago
I feel like this is similar to a practice question we did on compliance programs. I want to say it's A, but I could be mixing it up with another topic.
DO
Dominque
1 year ago
I think the answer is A, but I'm not entirely sure. I remember something about ethical hiring practices being crucial for compliance.
NE
Nell
1 year ago
Hmm, I think I've seen something like this before. Let me see if I can recall the right approach.
AL
Alaine
1 year ago
Be careful with the cr units. Make sure you're calculating correctly - 45 * 10 = 450, so I'm leaning towards option D.
CA
Candra
1 year ago
Hmm, this looks like a tricky one. I'll need to carefully read through each statement and think about which one seems most likely to be false.
PO
Polly
1 year ago
Okay, let's see. A prepayment is an asset, so it should be debited. And the expense is being paid in advance, so that should be credited. I'm pretty sure the correct answer is C.