True or false: A governance framework defines company-wide policies.A.TrueB.False

Analysis of the Statement

1. Understanding Governance Framework: A governance framework is a system that provides guidelines, principles, and practices governing how an organization operates. It typically outlines procedures, roles, and accountabilities.

2. Policies Definition: Company-wide policies are the formal guidelines implemented by an organization to dictate how certain situations or issues should be handled across the entire company.

3. Relationship Between Governance Framework and Policies: A governance framework often establishes the basis for company-wide policies, ensuring that they are aligned with the company's objectives and regulatory requirements. Thus, it provides the structure within which these policies are developed and enforced.

Conclusion

Given that a governance framework helps define and support the formulation of company-wide policies, the statement "A governance framework defines company-wide policies" is True.

Final Answer

A. True