CCEP Glossary of Compliance Terms Updated Questions With Verified Answers 2024

CCEP Glossary of Compliance Terms Updated Questions With Verified Answers 2024 Anti-Kickback Statute Correct Answer Prohibits the solicitation, receiving, offering, or paying of any remuneration directly or indirectly in cash or in-kind exchange. Attestation Correct Answer The affirmation by signature, usually on a printed form, that the action outlined has been accomplished by the individual signing; e.g., the individual has read the code of conduct and agreed to adhere to its principles. Attorney-Client Privilege Correct Answer A legally accepted policy that communication between a client and attorney is confidential in the course of the professional relationship and that such communication cannot be disclosed without the consent of the client. Baseline Audit Correct Answer A systematic inspection of records, policies, and procedures with the goal to establish a set of benchmarks for comparison for future inspections Concurrent Audit Correct Answer An ongoing inspection of records, policies, and procedures at a given point in time in which identified potential problems are investigated as they arise Retrospective Audit Correct Answer A comprehensive inspection of records, policies, and procedures that may go back several years. Benchmarking Correct Answer The measurement of performance against "best practices" standards. Best Practices Correct Answer Generally recognized superior performance by organizations in operational and/or financial processes. False Claims Act (FCA) Correct Answer Originally adopted by the U.S. Congress in 1863 during the Civil War to discourage suppliers from overcharging the federal governments ,legislation that prohibits anyone from knowingly submitting or causing to be submitted a false or fraudulent claim. Federal Sentencing Guidelines Correct Answer Guidelines adopted by the U.S. Sentencing Commission, an independent agency in the judicial branch of government established by the 1864 Sentencing Reform Act, to govern the sentencing of individual defendants (1987) and organizations (1991) OIG Compliance Program Guidance Correct Answer Guidelines issued by the various