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