The Integrity Violations Policy Should Be Developed Based on Input

question 222

Multiple Choice

The integrity violations policy should be developed based on input from the chief executive officer and the heads of the following departments: fiscal, information processing, legal, and security. Integrity violations policies should do all of the following given below please choose the correct option:

• A) State management's position against integrity violations - the organization should make it clear that integrity violations will not be tolerated and those perpetrators will be prosecuted.
• B) Establish consistent penalties - the policy should specify what types of action will result in reprimand, termination, or other consequences.
• C) A & B only.
• D) All of the above.

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Definitions:

Danish Krones

The currency of Denmark, used as the primary means of exchange within the country.

Hedge Accounting

A method of accounting where entries for the ownership of a security and the opposing hedge are treated as one. It aims to reduce the volatility seen in financial statements.

Hedge Relationship

A connection between a hedging instrument and the risk it is intended to offset, ensuring that changes in the value of one are counterbalanced by changes in the other.

Exchange Gain

A profit resulting from holding or transacting in foreign currencies as exchange rates vary.