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4 February, 09:08

These are examples of issues that should be reported to a Compliance Department: suspected Fraud, Waste, and Abuse (FWA); potential health privacy violation, and unethical behavior/employee misconduct

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Answers (1)
  1. 4 February, 12:07
    0
    That statement is true.

    Explanation:

    In business, compliance department is created in order to identified various forms of risks that might be faced by the companies and implement a certain set of controlled procedure to prevent that risks from happening.

    This cover wide variety of risks starting from:

    - financial

    Risk that involved implementing the wrong strategy which could lead to decreased profit

    - Procedural

    Risk that involved Unproductive behaviors or Frauds conducted within the company territory

    - safety

    This include protection both physical and emotional safety. Such as making sure that no abuse occurred to the employees, non-dangerous work environment, usage of safe materials, etc
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