Asked by Maggie Westmoreland on Jun 08, 2024
Verified
Compliance reports are generally required by
A) parent companies.
B) accounting departments.
C) government agencies.
D) marketing departments.
E) customers.
Compliance Reports
Documents that outline whether a company or individual is adhering to regulations and standards.
Government Agencies
Organizations at the federal, state, or local level that administer specific functions and services on behalf of the government.
Parent Companies
Corporations that own a controlling interest in one or more subsidiary businesses.
- Understand the significance of compliance reports within certain industries.
Verified Answer
JB
Janeth BenavidesJun 13, 2024
Final Answer :
C
Explanation :
Compliance reports are typically required by government agencies to ensure that companies are following regulations and laws.
Learning Objectives
- Understand the significance of compliance reports within certain industries.