Which option is NOT considered a component of a compliance program?

A compliance program is designed to prevent and detect violations of laws and regulations, as well as organizational policies. Essential components typically include mandatory training programs that ensure all employees understand compliance requirements; institutional audit programs that regularly assess adherence to these requirements; and the development of compliance plans by different departments that tailor the overarching compliance framework to their specific operations and risks.

Voluntary training programs, while beneficial for boosting awareness and knowledge, do not constitute a formal requirement within a compliance program. These programs may not have the same structured objectives or obligatory status as mandatory training, which is essential for ensuring compliance across the organization. Thus, while they support the overall culture of compliance, they do not form a core component that is typically included in formal compliance frameworks.