CProf (SA) Practice Questions - CISA Compliance Professional CProf (SA) Board Examination Exam

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Under King IV Corporate Governance principles in South Africa, how should compliance be integrated into the organization's broader risk management framework?

Compliance risk should be treated as a separate, isolated risk silo managed without reference to operational risk Compliance risk should be integrated into the overarching enterprise risk management (ERM) framework and combined assurance model Compliance risk should be delegated entirely to external legal counsel for risk assessment Compliance risk should only be evaluated following a formal regulatory inspection or enforcement order

Correct Answer:

Compliance risk should be integrated into the overarching enterprise risk management (ERM) framework and combined assurance model

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