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Exam (elaborations)

CPMA Exam - Chapter 5: Corrective action Plans Questions and Answers

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CPMA Exam - Chapter 5: Corrective action Plans Questions and Answers Except in the case of routine or annual compliance audits conducted on behalf of providers that do not have formal compliance programs or staff, - Answer-it is not usually the auditor's responsibility to develop a corrective a...

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  • October 15, 2024
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  • Exam (elaborations)
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EMILLECT 2024/2025 ACADEMIC YEAR ©2024 EMILLECT. ALL RIGHTS RESERVED. FIRST PUBLISH OCTOBER 2024.




CPMA Exam - Chapter 5: Corrective
action Plans Questions and Answers

Except in the case of routine or annual compliance audits conducted on behalf of providers that

do not have formal compliance programs or staff, - Answer✔✔-it is not usually the auditor's

responsibility to develop a corrective action plan.


In the case of audits associated with voluntary repayments or disclosures under the SDP (Self

Disclosure Protocol) for potentially fraudulent conduct, - Answer✔✔-it usually falls to the

entity's legal counsel to make corrective action recommendations or to develop a corrective

action plan.


Regardless of the circumstances, an auditor may be tasked with making - Answer✔✔-corrective

action recommendations as a critical part of the effort in developing a formal corrective action

plan.




To this end, it is important for an auditor to understand the basic components found in most

corrective action plans


Corrective Action Plans have the following components - Answer✔✔-Review




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, EMILLECT 2024/2025 ACADEMIC YEAR ©2024 EMILLECT. ALL RIGHTS RESERVED. FIRST PUBLISH OCTOBER 2024.



Education




Development/Modification of Policies




Follow-up audits




Overpayment Disclosure


Corrective Action Plan: Review - Answer✔✔-Review of the audit results with the auditee and

legal counsel is necessary to ensure everyone understands the basis for the conclusions

expressed in the audit report




This review is often performed prior to the issuance of a formal and final report.


Corrective Action Plan: Review is often effective to - Answer✔✔-identify any ambiguous or

confusing portions of the report.




An auditor must be a skilled writer to effectively convey the reasons behind any error.




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