Which of the following is defined as "a measure of the degree to which obligations and requirements are addressed"

Which of the following is defined as "a measure of the degree to which obligations and requirements are addressed"
A . Risk
B . Compliance
C . Reward

View Answer

Answer: B

Explanation:

Compliance is defined as a measure of the degree to which obligations and requirements are addressed. It involves adhering to laws, regulations, policies, and standards that are relevant to the organization. Compliance ensures that the organization meets its legal and ethical obligations, thereby avoiding legal penalties, reputational damage, and operational disruptions. Effective compliance programs involve continuous monitoring, training, and auditing to ensure all requirements are met and maintained.

Reference: ISO 19600:2014 – Compliance management systems – Guidelines

NIST SP 800-37 Rev. 2 – Risk Management Framework for Information Systems and Organizations