The most effective way an organization can optimize Sarbanes-Oxley Act (SOX) controls is to:

The correct answer is B. Ensure that procedures are in place to prevent policy deviations. Preventive controls, such as strong internal procedures, are essential to SOX compliance. They reduce risk by ensuring that deviations are identified or avoided early. SPHR risk and compliance strategies involve "establishing clear, enforceable internal control frameworks aligned

Risk Management

Question

Options

AManually track compliance to avoid data reliability issues
BEnsure that procedures are in place to prevent policy deviations
CRequire vendors to maintain distinct compliance processes
DDirect all feedback through a single channel to ensure awareness

How the community answered

(20 responses)

A
5% (1)
B
80% (16)
D
15% (3)

Explanation

Preventive controls, such as strong internal procedures, are essential to SOX compliance. They reduce risk by ensuring that deviations are identified or avoided early. SPHR risk and compliance strategies involve "establishing clear, enforceable internal control frameworks aligned with SOX expectations."

Topics

#SOX compliance#internal controls#regulatory compliance#policy procedures

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