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Regardless of industry, which element of legal and regulatory requirements are all industries subject to?

Regardless of industry, which element of legal and regulatory requirements are all industries subject to?

PrepAway - Latest Free Exam Questions & Answers

A.
Sarbanes�Oxley

B.
HIPAA

C.
Prudent Man Rule

D.
BS25999

Explanation:
C: Regulatory risk is clearly defined by the industry the organization is a part of. However, no matter what industry the planner is in, what is commonly referred to as the prudent man rule applies: exercise the same care in managing company affairs as in managing ones own affairs. Page 266.

2 Comments on “Regardless of industry, which element of legal and regulatory requirements are all industries subject to?

  1. joe says:

    Regulatory risk is clearly defined by the industry the organization is a part of. However, no matter what industry the planner is in, what is commonly referred to as the prudent man rule applies: exercise the same care in managing company affairs as in managing ones own affairs.




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