The Is an Internationally Recognized Standard That Companies Can Use

question 82

Multiple Choice

The is an internationally recognized standard that companies can use to ensure that company data is protected in an outsourcing arrangement.

• A) CMMI
• B) Sarbanes-Oxley Act of 2002
• C) Foreign Corrupt Practices Act
• D) Statement on Auditing Standards No. 70

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Definitions:

Independent Self-Starter

An individual who is motivated and able to initiate tasks and projects on their own without needing direct supervision.

Fraudulent Conversion

The unauthorized taking or use of someone else’s property by a person who is in lawful possession of it, amounting to theft.

Exclusive Elements Customer

A strategy or feature in a product or service that is designed to attract a specific segment of customers by offering unique benefits.

Financial Difficulty

A situation where an individual or organization struggles to manage their finances and meet their financial obligations.