Exam (elaborations)
Certified Compliance and Ethics Professional (CCEP) Certification Study Resources Test Bank
- Course
- Institution
Certified Compliance and Ethics Professional (CCEP) Certification Study Resources Test Bank
[Show more]
Content preview
Certified Compliance andEthics Professional (CCEP)
Certification Study Resources
Test Bank
Denning Muriithi [Date] [Course title]
, Certified Compliance and Ethics Professional (CCEP) Certification Stu
Resources
1.Which of the following BEST describes the purpose of training based
upon risk assessment findings?
A.) Reducing the organization's legal exposure
B.) Educating employees on laws and regulations
C.) Educating the board on the compliance program
D.) Reducing the organization's insurance premiums Correct Ans: A.
Reducing the organi- zation's legal exposure
2.A compliance and ethics professional investigates a report of sexual
ha- rassment. The incident does not constitute sexual harassment, but
reveals the employee's misunderstandings of the harassment policy.
Which of the following should be the FIRST step in a corrective action
plan?
A.) Consult outside counsel
B.) Disclose the incident to the EEOC
C.) Provide education and training on the policy
D.) Survey employees' understanding of the policy Correct Ans: C.)
Provide education and training on the policy
3.Which of the following provides guidance for the development of a
compli- ance program?
A.) Sarbanes-Oxley Act
B.) Federal Sentencing Guidelines
C.) Security and Exchange Commission
D.) Office for Civil Rights Correct Ans: B.) Federal Sentencing Guidelines
4.Which of the following is the BEST outcome of a compliance and
ethics program?
A.) Mitigating risk
B.) Identifying risk
C.) Prioritizing risk
D.) Documenting risk Correct Ans: A.) Mitigating risk
5.Training on price-fixing is MOST important for which of the following staff?
A.) Management
B.) Sales
C.) Marketing
D.) Accounting Correct Ans: B.) Sales
, Certified Compliance and Ethics Professional (CCEP) Certification Stu
Resources
6.A compliance and ethics program should include Correct Ans:
1. An employee benefits handbook
2. Document retention guidelines
3. Policies regarding confidentiality
4. A statement about the organization's culture
A.) 1,2, and 3 only
B.) 1, 2, and 4 only
C.) 1, 3, and 4 only
D.) 2, 3, and 4 only Correct Ans: D.) 2, 3, and 4 only
7.A US-based retail company has 250 stores in 30 states. Past compliance
efforts have included a silo-based approach with minimal oversight and the
CEO acting as the Compliance and Ethics Officer. One person in each state
posted compliance-related information sent from corporate, but there were
no actual educational sessions. Policies and procedures were developed by
corporate and reviewed 5 years ago. The organization has decided that a
more dedicated approach is needed and hires a Compliance and Ethics
Officer. Which of the following actions should the new Compliance and
Ethics Officer take FIRST?
A.) Conduct a compliance and ethics risk assessment
B.) Review organization-wide compliance policies
C.) Perform a statistically valid compliance audit
D.) Distribute a compliance training packet to employees Correct Ans: A.)
Conduct a com- pliance and ethics risk assessment
8.An employee discloses to counsel and the compliance and ethics profes-
sional that a supervisor has been verbally abusive. An investigation finds
that the same supervisor has also been sexually harassing several
employees in his department. The compliance program requires that
findings of harassment be documented and forwarded by the compliance
and ethics professional to the CEO with a recommendation for appropriate
discipline. Counsel advises that no report be written because of possible
litigation. The compliance and ethics professional's BEST course of action
is to Correct Ans:
A.) Follow counsel's advice
B.) Submit a written report
C.) Ask counsel to prepare the written report
, Certified Compliance and Ethics Professional (CCEP) Certification Stu
Resources
D.) Recommend disciplinary action against counsel Correct Ans: C.) Ask
counsel to prepare
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller YourExamplug. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77016 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now