Sunday, January 27, 2019

Due Care and Due Diligence


The due care principle states that an individual should react in a situation using the same level of care that would be expected from any reasonable person. It is a very broad standard. The due diligence principle is a more specific component of due care that states that an individual assigned a responsibility should exercise due care to complete it accurately and in a timely manner.





Which one of the following principles imposes a standard of care upon an individual that is broad and equivalent to what one would expect from a reasonable person under the circumstances?

A.    Due diligence

B.    Separation of duties

C.    Due care

D.    Least privilege

C.
The due care principle states that an individual should react in a situation using the same level of care that would be expected from any reasonable person. It is a very broad standard. The due diligence principle is a more specific component of due care that states that an individual assigned a responsibility should exercise due care to complete it accurately and in a timely manner.

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