The compliance and ethics professional (CEP) reports to the COO who has the sole
authority to contact the board. Which of the following is the BEST step towards
improving the program?
A. Revise the CEP's reporting line to the board
B. Have the CEP report to legal counsel
C. Request internal audit review compliance reports prior to board submission
D. Require that50% of the COO's time is spent on compliance and ethics
Give this one a try later!
, A. Revise the CEP's reporting line to the board
An organization's structural policy for compliance should include the
A. Process for filing conflicts of interest disclosures
B. Commitment to respond to reports of misconduct
C. Prevention of inappropriate actions in specific risk areas D. Laws applicable to the
organization
Give this one a try later!
B. Commitment to respond to reports of misconduct
A compliance violation has occurred within a company. Which of the following is the
PRIMARY effect of an effective compliance and ethics program?
A. Lowering of corporate taxes
B. Improvement in employee morale
C. Reduction of reliance on external auditors
D. Protection of the company's reputation
Give this one a try later!
D. Protection of the company's reputation
A compliance and ethics professional (CEP) has been contacted by plant manager
regarding possible safety violations. The violations are similar to the organization has
in its most recent safety inspection. The CEP has reviewed the corrective action plan
submitted to regulatory enforcement and determined that if the corrective action
plan has been properly implemented, the violations should not be occurring. Which
of the following actions should the CEP do NEXT?
, A. Meet with the business unit leader to discuss the issue.
B. Implement the corrective action plan
C. Recommend disciplinary action for the manager
D. Prepare a report to the regulator regarding the new violations
Give this one a try later!
B. Implement the corrective action plan
A company recently hires its first compliance and ethics professional(CEP). The
company is considering reporting potential import/export violations. The compliance
program is almost non-existent and severely understaffed, but a risk assessment has
been done. Which of the following should the CEP do NEXT?
A. Discuss resources with the CFO
B. Develop a compliance work plan
C. Revise the import/export compliance policies
D. Delegate to HR and legal to correct violations
Give this one a try later!
B. Develop a compliance work plan
Which of the following BEST describes an important goal of an organization's and
ethics program?
A. Teach employees about the nuances of laws and regulations
B. Create opportunities and goals to increase sales
C. Create standards and processes for accountability
D. Teach employees how to investigate allegations of wrongdoing
Give this one a try later!
authority to contact the board. Which of the following is the BEST step towards
improving the program?
A. Revise the CEP's reporting line to the board
B. Have the CEP report to legal counsel
C. Request internal audit review compliance reports prior to board submission
D. Require that50% of the COO's time is spent on compliance and ethics
Give this one a try later!
, A. Revise the CEP's reporting line to the board
An organization's structural policy for compliance should include the
A. Process for filing conflicts of interest disclosures
B. Commitment to respond to reports of misconduct
C. Prevention of inappropriate actions in specific risk areas D. Laws applicable to the
organization
Give this one a try later!
B. Commitment to respond to reports of misconduct
A compliance violation has occurred within a company. Which of the following is the
PRIMARY effect of an effective compliance and ethics program?
A. Lowering of corporate taxes
B. Improvement in employee morale
C. Reduction of reliance on external auditors
D. Protection of the company's reputation
Give this one a try later!
D. Protection of the company's reputation
A compliance and ethics professional (CEP) has been contacted by plant manager
regarding possible safety violations. The violations are similar to the organization has
in its most recent safety inspection. The CEP has reviewed the corrective action plan
submitted to regulatory enforcement and determined that if the corrective action
plan has been properly implemented, the violations should not be occurring. Which
of the following actions should the CEP do NEXT?
, A. Meet with the business unit leader to discuss the issue.
B. Implement the corrective action plan
C. Recommend disciplinary action for the manager
D. Prepare a report to the regulator regarding the new violations
Give this one a try later!
B. Implement the corrective action plan
A company recently hires its first compliance and ethics professional(CEP). The
company is considering reporting potential import/export violations. The compliance
program is almost non-existent and severely understaffed, but a risk assessment has
been done. Which of the following should the CEP do NEXT?
A. Discuss resources with the CFO
B. Develop a compliance work plan
C. Revise the import/export compliance policies
D. Delegate to HR and legal to correct violations
Give this one a try later!
B. Develop a compliance work plan
Which of the following BEST describes an important goal of an organization's and
ethics program?
A. Teach employees about the nuances of laws and regulations
B. Create opportunities and goals to increase sales
C. Create standards and processes for accountability
D. Teach employees how to investigate allegations of wrongdoing
Give this one a try later!
