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76.5% complete Question A risk manager is preparing a compliance report for the board of directors. What is the purpose of compliance reporting in this

76.5% complete Question A risk manager is preparing a compliance report for the board of directors. What is the purpose of compliance reporting in this context? (Select the two best options.) A.It aims to assess and disclose an organization's compliance status. B.It promotes accountability, transparency, and effective compliance management. C.It conducts thorough investigations and assessments of third parties. D.It uses automation to improve accuracy and streamline observation activities.

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