Complete the blanks: Boards should provide __________ of the compliance program, assist in developing the __________ of the compliance program, and evaluate compliance standards and processes for __________.

The correct answer emphasizes the critical roles that boards of directors play in overseeing and guiding compliance programs within organizations.

The first blank, which refers to providing "oversight" of the compliance program, highlights the board's responsibility to ensure that compliance measures are being properly implemented and followed. This oversight is essential to maintain accountability and to safeguard the organization against risks associated with noncompliance.

The second blank, describing assistance in developing the "structure" of the compliance program, indicates that boards help establish the framework and organizational setup necessary for effective compliance. A well-defined structure facilitates clear communication channels, delineates roles and responsibilities, and supports the overall strategic objectives of the compliance program.

The last blank, evaluating compliance standards and processes for "effectiveness," captures the need for ongoing assessment. Boards must regularly review whether the compliance measures in place are achieving their intended goals and are effective in mitigating compliance risks.

Overall, these elements together outline the comprehensive oversight role of boards concerning compliance programs, demonstrating their significance in ensuring that these programs are not only established but are also efficient and effective in achieving compliance objectives.