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CCEP Set 3 Exam Questions and Complete Solutions Graded A+
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CCEP Set 3 Exam Questions and Complete Solutions Graded A+
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CCEP Set 3 ExamQuestions and
Complete Solutions
Graded A+
Denning [Date] [Course title]
, An organization has just accepted a new business line with plants in Germany and France. The CEO has
asked the compliance and ethics professional (CEP) to evaluate the compliance program to determine
the impact of this change. Which of the following should the CEP consider when evaluating the
company's compliance hotline?
A. Foreign Corrupt Practices Act
B. EU Privacy Directive
C. OECD Convention on Bribery
D. Bank Secrecy Act - Correct Ans: B. EU Privacy Directive
The audit committee has asked the compliance and ethics professional (CEP) to include a review of the
commissions for the sales force in the action plan for the next fiscal year. The risk assessment did not
show this as a significant risk area. Which of the following actions should the CEP do FIRST?
A. Revise the risk assessment to increase the significance of the concern.
B. Gather information to determine the priority of this risk. C. Add the commission concern as the first
risk area to be addressed.
D. Ask the CEO to present the issue to the full board of directors. - Correct Ans: C. Add the commission
concern as the first risk area to be addressed.
A compliance and ethics professional should FIRST ensure that risks are
A. Eliminated
B. Prioritized
C. Avoided
D. Deferred - Correct Ans: B. Prioritized
Which of the following is an essential element of a risk assessment?
A. Provide training
B. Ensure proper discipline.
C. Review number of hotline calls
D. Interview managers - Correct Ans: D. Interview managers
A compliance and ethics professional determines that corporate travel expense reports are filled with
mistakes. Which of the following is the BEST way to address this problem? t
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