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CERTIFIED COMPLIANCE AND ETHICS
PROFESSIONAL (CCEP) CERTIFICATION STUDY
RESOURCES EXAM AND STUDY GUIDE LATEST
VERSION THIS YEAR ALL 400 QUESTIONS AND
CORRECT DETAILED ANSWERS
CCEP CERTIFICATION STUDY RESOURCES EXAM 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
D.) Contact HR to determine if the inconsistencies between the documents can be resolved
Escalate to the lowest level when possible
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
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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
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.
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 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
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?
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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
D.) Production of the organization's professional printed Code of Conduct
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
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?
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
B.) Consult with the company's general counsel
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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. Reducing the organization's legal exposure
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
C.) Provide education and training on 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
B.) Federal Sentencing Guidelines
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CERTIFIED COMPLIANCE AND ETHICS
PROFESSIONAL (CCEP) CERTIFICATION STUDY
RESOURCES EXAM AND STUDY GUIDE LATEST
VERSION THIS YEAR ALL 400 QUESTIONS AND
CORRECT DETAILED ANSWERS
CCEP CERTIFICATION STUDY RESOURCES EXAM 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
D.) Contact HR to determine if the inconsistencies between the documents can be resolved
Escalate to the lowest level when possible
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
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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
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.
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 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
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?
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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
D.) Production of the organization's professional printed Code of Conduct
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
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?
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
B.) Consult with the company's general counsel
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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. Reducing the organization's legal exposure
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
C.) Provide education and training on 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
B.) Federal Sentencing Guidelines
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