CCEP Compliance and Ethics Professional Exam.pdf file:///C:/Users/HP/Desktop/New%20Conver/CCEP%20Compliance
CCEP Compliance and Ethics Professional Exam
1. These Compliance and Ethics Policies and procedures must exist
ANS Non-Re- taliation, Record Management, Conflict of Interest, Privacy, Security, and Confiden-
tiality
2. What are Compliance Officers required to do?
ANS Maintain Compliance and Ethics polices and procedures
3. When making decisions, C.O. need to....
ANS Consult with appropriate subject matter resources, HR, legal, finance
4. A main goal of compliance program
ANS Assure Alignment between organiza- tion's mission, vision, values, and the code of
conduct
5. A main goal of compliance program is...
ANS to assure alignment of the compliance and ethics strategic plan is consistent with overall
business objectives.
6. A requirement for compliance program is...
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,CCEP Compliance and Ethics Professional Exam.pdf file:///C:/Users/HP/Desktop/New%20Conver/CCEP%20Compliance
ANS to maintain a code of conduct
7. C.O. needs to ensure what?
ANS Ensure organizational value statements reflect a committment to a culture of integrity
8. What else does a CO ensure?
ANS The policies and procedures address regulatory and legal requirements.
9. Policies need to address what?
ANS Interactions/relationships with third-parties, like vendors, business partners, and
competitors
10. What else is required in relation to third-parties?
ANS That contractual agree- ments include compliance and ethic standards.
11. What documentation is required of a compliance plan?
ANS That the program is documented, like a compliance manual/outlined plan.
12. What else will a compliance program document in regards to risks?
ANS That policies and procedures around specific identified risk area are maintained.
13. What will a compliance program document in regards to governance poli- cies?
ANS That the governance policies for the compliance and ethics program are maintained.
14. Who does a Compliance Officer report to?
ANS A board of directors, or audit committee
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,CCEP Compliance and Ethics Professional Exam.pdf file:///C:/Users/HP/Desktop/New%20Conver/CCEP%20Compliance
15. What does a compliance officer report and to whom?
ANS Reports compliance and ethics activity to the internal governing body, like a board of
directors/audit committee
16. Who else does a compliance officer report to?
ANS Gives reports of compliance and ethics activity to the senior business leader, like the CEO
or CFO
17. What does the CO coordinate inside the organization?
ANS Coordinates the operational aspects of the compliance program with management, like
oversight committee and senior managment.
18. Benchmarking
ANS Collaborate with others internally and externally to institute best practices
what are others doing in their program?
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,CCEP Compliance and Ethics Professional Exam.pdf file:///C:/Users/HP/Desktop/New%20Conver/CCEP%20Compliance
19. What is the CO responsible for in regards to goals of oversight commit- tee?
ANS To ensure the goals and objectives of the oversight committee are achieved.
20. What knowledge is needed?
ANS Maintain knowledge of relevant laws and regu- lations
21. How is knowledge of relevant laws used?
ANS Relevant laws and regulations are applied to the needs of the organization.
22. CO assures what about the compliance program?
ANS That it is credible and run with integrity.
23. What must a CO recognize?
ANS Recognize the need for outside expertise.
24. What does the governing board need to understand?
ANS Its responsibilities related to compliance and ethics program and culture.
25. What does CO need to do in regards to Legal Counsel?
ANS Make sure the role of counsel is defined.
26. What does the CO manage?
ANS Manages resources for the compliance and ethics program, like finance and personnel
resources.
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CCEP Compliance and Ethics Professional Exam
1. These Compliance and Ethics Policies and procedures must exist
ANS Non-Re- taliation, Record Management, Conflict of Interest, Privacy, Security, and Confiden-
tiality
2. What are Compliance Officers required to do?
ANS Maintain Compliance and Ethics polices and procedures
3. When making decisions, C.O. need to....
ANS Consult with appropriate subject matter resources, HR, legal, finance
4. A main goal of compliance program
ANS Assure Alignment between organiza- tion's mission, vision, values, and the code of
conduct
5. A main goal of compliance program is...
ANS to assure alignment of the compliance and ethics strategic plan is consistent with overall
business objectives.
6. A requirement for compliance program is...
1 of 38 9/18/2024, 10:59
,CCEP Compliance and Ethics Professional Exam.pdf file:///C:/Users/HP/Desktop/New%20Conver/CCEP%20Compliance
ANS to maintain a code of conduct
7. C.O. needs to ensure what?
ANS Ensure organizational value statements reflect a committment to a culture of integrity
8. What else does a CO ensure?
ANS The policies and procedures address regulatory and legal requirements.
9. Policies need to address what?
ANS Interactions/relationships with third-parties, like vendors, business partners, and
competitors
10. What else is required in relation to third-parties?
ANS That contractual agree- ments include compliance and ethic standards.
11. What documentation is required of a compliance plan?
ANS That the program is documented, like a compliance manual/outlined plan.
12. What else will a compliance program document in regards to risks?
ANS That policies and procedures around specific identified risk area are maintained.
13. What will a compliance program document in regards to governance poli- cies?
ANS That the governance policies for the compliance and ethics program are maintained.
14. Who does a Compliance Officer report to?
ANS A board of directors, or audit committee
2 of 38 9/18/2024, 10:59
,CCEP Compliance and Ethics Professional Exam.pdf file:///C:/Users/HP/Desktop/New%20Conver/CCEP%20Compliance
15. What does a compliance officer report and to whom?
ANS Reports compliance and ethics activity to the internal governing body, like a board of
directors/audit committee
16. Who else does a compliance officer report to?
ANS Gives reports of compliance and ethics activity to the senior business leader, like the CEO
or CFO
17. What does the CO coordinate inside the organization?
ANS Coordinates the operational aspects of the compliance program with management, like
oversight committee and senior managment.
18. Benchmarking
ANS Collaborate with others internally and externally to institute best practices
what are others doing in their program?
3 of 38 9/18/2024, 10:59
,CCEP Compliance and Ethics Professional Exam.pdf file:///C:/Users/HP/Desktop/New%20Conver/CCEP%20Compliance
19. What is the CO responsible for in regards to goals of oversight commit- tee?
ANS To ensure the goals and objectives of the oversight committee are achieved.
20. What knowledge is needed?
ANS Maintain knowledge of relevant laws and regu- lations
21. How is knowledge of relevant laws used?
ANS Relevant laws and regulations are applied to the needs of the organization.
22. CO assures what about the compliance program?
ANS That it is credible and run with integrity.
23. What must a CO recognize?
ANS Recognize the need for outside expertise.
24. What does the governing board need to understand?
ANS Its responsibilities related to compliance and ethics program and culture.
25. What does CO need to do in regards to Legal Counsel?
ANS Make sure the role of counsel is defined.
26. What does the CO manage?
ANS Manages resources for the compliance and ethics program, like finance and personnel
resources.
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