Question

Questloh 5
Which of the following must you do to ensure compliance with Independence
Policy?
Select the three responses that apply and then Submit.
Complete an Independence Representation
Maintain the accuracy of your Tracking & Trading portfolio
Maintain independence from certain entities
Maintain current information regarding the value of certain Financial
Relationships

Answer 1

Answer:

Personal impact

Professionals who are employed by Deloitte are required to comply with our independence policies. These policies impact not only your own personal financial relationships, but also those of your spouse, spousal equivalent and dependents

Answer 2

The correct option is :

Maintain independence from certain entities

• The Independence Policy much like other policies is a set or rules and regulations laid for proper and smooth functioning.
• This Policy is more prevalent in large firms with designated auditors and a financial analysis team.
• This allows the higher authorities to monitor and make sure that the auditors and financial analysis team are solely working for them and maintaining distance from certain bodies.
• Ensuring a high level of security and confidentiality is also key to this policy.