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An organization must ensure its operating practices align with laws, regulations, standards, policies, and ethical requirements. The organization wants to evaluate the effectiveness of internal
An organization must ensure its operating practices align with laws, regulations, standards, policies, and ethical requirements. The organization wants to evaluate the effectiveness of internal controls, identify any noncompliance or risk areas, and communicate findings to internal stakeholders such as risk managers. Which internal assessment approach would be MOST appropriate for this purpose? answer Self-assessment Compliance assessment Regulatory assessment Using an audit committee
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