Certified Compliance and Ethics Professional (CCEP) Certification Exam with Verified Answers | Latest 2024/2025

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 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 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 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 Training on price-fixing is MOST important for which of the following staff? A.) Management B.) Sales C.) Marketing D.) Accounting A compliance and ethics program should include: 1. 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 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. Reducing the organization's legal exposure C.) Provide education and training on the policy B.) Federal Sentencing Guidelines A.) Mitigating risk B.) Sales D.) 2, 3, and 4 only A.) Conduct a compliance and ethics risk assessment Certified Compliance and Ethics Professional (CCEP) Certification Exam with Verified Answers | Latest 2024/2025