Which of the following is a method for collecting compliance data?

Trend analysis is a method for collecting compliance data that involves examining patterns and changes in data over time. This approach allows organizations to identify issues, measure the effectiveness of compliance programs, and make informed decisions based on historical performance. By analyzing trends, compliance officers can detect irregularities or potential areas of risk, enabling proactive measures to enhance compliance efforts.

In contrast, relying solely on internal audits, exclusive external audits, or annual performance reviews does not provide a comprehensive perspective on compliance data. While these methods can contribute to a compliance program, they focus on specific time frames or scopes rather than continuous data collection and monitoring. Trend analysis offers a broader and more dynamic view, making it a more effective method for ongoing compliance data collection and evaluation.