Which statement regarding compliance programs is TRUE?

A compliance program that is developed but not implemented can indeed be dangerous because it creates a false sense of security within an organization. When a compliance program exists only on paper, without active implementation and enforcement, it fails to provide the protections intended by compliance initiatives. Employees may be unaware of necessary procedures or regulations, leading to potential violations that could result in legal consequences, financial penalties, or damage to the organization’s reputation.

Furthermore, a robust compliance program is meant to foster a culture of ethics and compliance, guiding employees on the correct behaviors and practices within their roles. Without implementation, the program's policies and training opportunities are not utilized, diminishing their effectiveness and leaving the organization vulnerable to risks. By actively integrating the compliance program into daily operations, organizations can ensure adherence to legal regulations and ethical standards, thereby safeguarding both the organization and its stakeholders.