CERTIFIED COMPLIANCE AND ETHICS PROFESSIONAL
(CCEP) CERTIFICATION EXAM, STUDY GUIDE LATEST
2024 EXAM QUESTIONS AND CORRECT DETAILED
ANSWERS |ALREADY GRADED A+
A compliance and ethics professional is evaluating an
organization's employee handbook. A conflict exists between the
Code of Conduct and the employee handbook. HR is responsible
for the employee handbook. The documents have been approved
by the board of directors. Which of the following actions should
the compliance and ethics professional take FIRST?
A.) Post revised documents on the organization's website
B.) Schedule a time during the next board meeting to present
revised documents
C.) Schedule a meeting with HR, general counsel, and the board
to discuss the issue
D.) Contact HR to determine if the inconsistencies between the
documents can be resolved - ANSWER-D.) Contact HR to
determine if the inconsistencies between the documents can be
resolved
Escalate to the lowest level when possible
A company's Code of Conduct has not been reviewed for over 2
years. HR recommended adding content that would double its
size. The compliance committee members expressed concern
that adding a significant amount of content could negatively
, CERTIFIED COMPLIANCE AND ETHICS PROFESSIONAL
(CCEP) CERTIFICATION EXAM, STUDY GUIDE LATEST
2024 EXAM QUESTIONS AND CORRECT DETAILED
ANSWERS |ALREADY GRADED A+
impact its effectiveness. Which of the following is the compliance
and ethics professional's NEXT step before consolidating
revisions?
A.) Request guidance from the board of directors
B.) Contract with a consultant to rewrite the Code of Conduct
C.) Compare the content outline with other organizations
D.) Rewrite the content based on Federal Sentencing Guidelines -
ANSWER-C.) Compare the content outline with other
organizations
Benchmarking
Which of the following is the MOST convincing demonstration of
the effectiveness of a company's ethical standards?
A.) Implementation of an anonymous reporting and feedback
system
B.) Termination of an executive who embezzled a small amount of
money
C.) Suspension of an employee who failed to complete
compliance training
, CERTIFIED COMPLIANCE AND ETHICS PROFESSIONAL
(CCEP) CERTIFICATION EXAM, STUDY GUIDE LATEST
2024 EXAM QUESTIONS AND CORRECT DETAILED
ANSWERS |ALREADY GRADED A+
D.) Production of the organization's professional printed Code of
Conduct - ANSWER-B.) Termination of an executive who
embezzled a small amount of money
A compliance and ethics professional has developed a policy
intended to prohibit employees from paying, offering, or promising
to pay officials of other countries for the purpose of obtaining or
maintaining business. This policy will help the organization
comply with the:
A.) Sherman Act
B.) USA Patriot Act
C.) Anti-Money Laundering Act
D.) Foreign Corrupt Practices Act - ANSWER-D.) Foreign Corrupt
Practices Act
A company receives a federal subpoena from the government
requesting all of the company's documents from 1990 to the
present. The company's compliance and ethics professional has
been asked to respond to the subpoena and to advise the
company's employees on their role in the process. Which of the
following should the company's compliance and ethics
professional do FIRST?
, CERTIFIED COMPLIANCE AND ETHICS PROFESSIONAL
(CCEP) CERTIFICATION EXAM, STUDY GUIDE LATEST
2024 EXAM QUESTIONS AND CORRECT DETAILED
ANSWERS |ALREADY GRADED A+
A.) Obtain documents and determine which to release
B.) Consult with the company's general counsel
C.) Gather documents and turn them over to the government
D.) Notify all employees that all documents must be retained -
ANSWER-B.) Consult with the company's general counsel
Which of the following is MOST helpful in determining how a
company prioritizes its risk?
A.) Historical data
B.) Policies and procedures
C.) Incentive program
D.) Market competition - ANSWER-A.) Historical data
In which of the following would an employee's obligation to report
misconduct MOST likely be discussed?
A.) Job interview
B.) Manager's meeting
C.) New employee orientation
D.) Audit committee meetings - ANSWER-C.) New employee
orientation
(CCEP) CERTIFICATION EXAM, STUDY GUIDE LATEST
2024 EXAM QUESTIONS AND CORRECT DETAILED
ANSWERS |ALREADY GRADED A+
A compliance and ethics professional is evaluating an
organization's employee handbook. A conflict exists between the
Code of Conduct and the employee handbook. HR is responsible
for the employee handbook. The documents have been approved
by the board of directors. Which of the following actions should
the compliance and ethics professional take FIRST?
A.) Post revised documents on the organization's website
B.) Schedule a time during the next board meeting to present
revised documents
C.) Schedule a meeting with HR, general counsel, and the board
to discuss the issue
D.) Contact HR to determine if the inconsistencies between the
documents can be resolved - ANSWER-D.) Contact HR to
determine if the inconsistencies between the documents can be
resolved
Escalate to the lowest level when possible
A company's Code of Conduct has not been reviewed for over 2
years. HR recommended adding content that would double its
size. The compliance committee members expressed concern
that adding a significant amount of content could negatively
, CERTIFIED COMPLIANCE AND ETHICS PROFESSIONAL
(CCEP) CERTIFICATION EXAM, STUDY GUIDE LATEST
2024 EXAM QUESTIONS AND CORRECT DETAILED
ANSWERS |ALREADY GRADED A+
impact its effectiveness. Which of the following is the compliance
and ethics professional's NEXT step before consolidating
revisions?
A.) Request guidance from the board of directors
B.) Contract with a consultant to rewrite the Code of Conduct
C.) Compare the content outline with other organizations
D.) Rewrite the content based on Federal Sentencing Guidelines -
ANSWER-C.) Compare the content outline with other
organizations
Benchmarking
Which of the following is the MOST convincing demonstration of
the effectiveness of a company's ethical standards?
A.) Implementation of an anonymous reporting and feedback
system
B.) Termination of an executive who embezzled a small amount of
money
C.) Suspension of an employee who failed to complete
compliance training
, CERTIFIED COMPLIANCE AND ETHICS PROFESSIONAL
(CCEP) CERTIFICATION EXAM, STUDY GUIDE LATEST
2024 EXAM QUESTIONS AND CORRECT DETAILED
ANSWERS |ALREADY GRADED A+
D.) Production of the organization's professional printed Code of
Conduct - ANSWER-B.) Termination of an executive who
embezzled a small amount of money
A compliance and ethics professional has developed a policy
intended to prohibit employees from paying, offering, or promising
to pay officials of other countries for the purpose of obtaining or
maintaining business. This policy will help the organization
comply with the:
A.) Sherman Act
B.) USA Patriot Act
C.) Anti-Money Laundering Act
D.) Foreign Corrupt Practices Act - ANSWER-D.) Foreign Corrupt
Practices Act
A company receives a federal subpoena from the government
requesting all of the company's documents from 1990 to the
present. The company's compliance and ethics professional has
been asked to respond to the subpoena and to advise the
company's employees on their role in the process. Which of the
following should the company's compliance and ethics
professional do FIRST?
, CERTIFIED COMPLIANCE AND ETHICS PROFESSIONAL
(CCEP) CERTIFICATION EXAM, STUDY GUIDE LATEST
2024 EXAM QUESTIONS AND CORRECT DETAILED
ANSWERS |ALREADY GRADED A+
A.) Obtain documents and determine which to release
B.) Consult with the company's general counsel
C.) Gather documents and turn them over to the government
D.) Notify all employees that all documents must be retained -
ANSWER-B.) Consult with the company's general counsel
Which of the following is MOST helpful in determining how a
company prioritizes its risk?
A.) Historical data
B.) Policies and procedures
C.) Incentive program
D.) Market competition - ANSWER-A.) Historical data
In which of the following would an employee's obligation to report
misconduct MOST likely be discussed?
A.) Job interview
B.) Manager's meeting
C.) New employee orientation
D.) Audit committee meetings - ANSWER-C.) New employee
orientation
