SY0-701 · Question #59
SY0-701 Question #59: Real Exam Question with Answer & Explanation
The correct answer is A: Regulatory requirement. A regulatory requirement is a mandate imposed by a government or an authority that must be followed by an organization or an individual. In a banking environment, audits are often required by regulators to ensure compliance with laws, standards, and policies related to security,
Question
Which of the following is the best reason to complete an audit in a banking environment?
Options
- ARegulatory requirement
- BOrganizational change
- CSelf-assessment requirement
- DService-level requirement
Explanation
A regulatory requirement is a mandate imposed by a government or an authority that must be followed by an organization or an individual. In a banking environment, audits are often required by regulators to ensure compliance with laws, standards, and policies related to security, privacy, and financial reporting. Audits help to identify and correct any gaps or weaknesses in the security posture and the internal controls of the organization.
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