Compliance reports are generally required by
A)parent companies.
B)accounting departments.
C)government agencies.
D)marketing departments.
E)midlevel managers.

Question

Quizplus · Accepted Answer

Compliance reports are typically required by government agencies to ensure that companies are following relevant laws, regulations, and industry standards. While parent companies or accounting departments may also have an interest in compliance, the primary driver for compliance reporting is usually regulatory requirements. Marketing departments and midlevel managers are generally not involved in compliance reporting.

Compliance Reports Are Generally Required by