SOC 3 Reports Are Prepared Using the Trust Services Principles

question 107

True/False

SOC 3 reports are prepared using the Trust Services principles.

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Definitions:

Work Processes

The sequence of steps or tasks that are carried out in order to complete a specific job or produce a specific outcome.

Functional Teams

Groups of individuals who are divided according to their specific roles or functions within an organization, working together towards common objectives.

Organizational Culture

The shared values, beliefs, and norms that influence the way employees think, feel, and behave in an organization.

Abstract Concept

An idea or notion that is not concrete or tangible but exists as a thought or theory.