Question

Which of the following are assessed by a compliance audit?

A.The specific compliance requirements that the organization is failing to meet.
B.Recommendations for how the organization can rectify any compliance shortcomings.
C.The laws or regulations the organization has chosen to comply with.
D.The organization's opinions about the laws and regulations it is required to comply with.

Answer 1

A compliance audit assesses the organization's adherence to laws, regulations, and specific compliance requirements. It focuses on identifying areas where the organization is failing to meet these requirements.

Step-by-step explanation:

A compliance audit assesses the organization's adherence to laws, regulations, and specific compliance requirements. It focuses on identifying areas where the organization is failing to meet these requirements. The audit does not typically provide recommendations for rectifying compliance shortcomings. Instead, it reports on the findings and may suggest actions that need to be taken to address the non-compliance. Some examples of compliance areas that may be assessed include financial reporting, data privacy, workplace safety, environmental regulations, and employee rights.