Certified Compliance and Ethics Professional (CCEP) Certification Study Resources EXAM QUESTIONS AND
ANSWERS 100 % PASS SOLUTION A+
GRADE
Question : 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 ANSWER : A. Reducing the organization's legal
exposure
Question : A compliance and ethics professional investigates
a report of sexual harassment. 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 ANSWER : C.) Provide education and training
on the policy
Question : Which of the following provides guidance for the
development of a compliance program? A.) Sarbanes-Oxley Act B.) Federal Sentencing Guidelines C.) Security and Exchange Commission D.) Office for Civil Rights
CORRECT ANSWER : B.) Federal Sentencing Guidelines
Question : 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 ANSWER : A.) Mitigating risk
Question : Training on price-fixing is MOST important for
which of the following staff? A.) Management B.) Sales C.) Marketing D.) Accounting
CORRECT ANSWER : B.) Sales
Question : A compliance and ethics program should include:
- 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 ANSWER : D.) 2, 3, and 4 only
Question : 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 ANSWER : A.) Conduct a compliance and ethics
risk assessment
Question : An employee discloses to counsel and the
compliance and ethics professional 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: A.) Follow counsel's advice B.) Submit a written report
C.) Ask counsel to prepare the written report D.) Recommend disciplinary action against counsel
CORRECT ANSWER : C.) Ask counsel to prepare the
written report Even though counsel advises to not submit a report Compliance can suggest alternatives to ensure the compliance program is being followed. By asking counsel to prepare the written report it is then protected by attorney-client privilege and follows the compliance program.
Question : A compliance and ethics professional is evaluating
an organization's employee handbook. A conflict exists