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Service level agreements: The key to successful service
arrangements (whether provided by third parties or dele-
gated internally within the organization) is an unambiguous
contract defining the services being provided, and the
respective responsibilities of the provider and client. The
agreement should define the minimum service levels, the
penalties for failing to meet these, and the reporting mech-
anisms that will be used to assist in monitoring supplier per-
formance.
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Control reviews and requirements: It is beneficial that
regular reviews should analyse the control environment of
an organization. The objective is to test whether business
operations ...