Ask Question
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

+2
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
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “These are examples of issues that should be reported to a Compliance Department: suspected Fraud, Waste, and Abuse (FWA); potential health ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers