Which statement is TRUE regarding compliance programs?

The statement regarding compliance programs that is true is that compliance programs are considered more dangerous if they are developed but not implemented. This highlights a crucial aspect of compliance: having a program on paper is insufficient for true compliance effectiveness. If a compliance program is merely created but not actively utilized or integrated into the organization's operations, it can lead to a false sense of security. Stakeholders may believe that compliance is being prioritized when, in reality, there may be significant gaps in adherence to regulations and standards, which can expose the organization to legal risks and potential violations.

A well-implemented compliance program should not only exist but should also be regularly updated, communicated, and reinforced through training and active participation from all staff members. This ensures that everyone in the organization understands their roles in maintaining compliance, thus enhancing the overall culture of compliance and risk management. When a compliance program is not properly enacted, it may result in overlooked regulatory requirements, unresolved risks, and ultimately legal repercussions for the organization.