Which statement is correct related to "presumptively mandatory requirements"? O They are identified in the standards by the term "must." O Departures should be documented. O Departures must be documented. They are mandatory, with no exceptions.

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
Publisher:Maloney
Chapter11: Investor Losses
Section: Chapter Questions
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Which statement is correct related to "presumptively mandatory requirements"?
O They are identified in the standards by the term "must."
Departures should be documented.
Departures must be documented.
They are mandatory, with no exceptions.
Transcribed Image Text:Which statement is correct related to "presumptively mandatory requirements"? O They are identified in the standards by the term "must." Departures should be documented. Departures must be documented. They are mandatory, with no exceptions.
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