What must the commission do to avoid conflicts of interest?

The correct answer highlights that the commission has a responsibility to establish its own conflict of interest policies. By creating these specific policies, the commission ensures that it has tailored guidelines that address its unique circumstances and challenges. This proactive approach helps mitigate potential conflicts of interest that could arise in the course of its operations or decision-making processes.

Establishing its own policies allows the commission to define what constitutes a conflict of interest in its context, how individuals within the organization should handle such situations, and the necessary steps to maintain transparency and integrity. This self-governance is essential for maintaining public trust and regulatory compliance in the field of psychology.

In contrast, simply following industry standards might not adequately address specific issues pertinent to the commission itself. Relying solely on external audits may not provide the continuous, proactive management of conflicts that internal policies can offer. Ignoring such issues outright is certainly not a viable option, as it could lead to significant ethical and legal repercussions.