CCEP Exam (Compliance) 2024/2025
Exam Questions and Correct Answers |
New Update
What are the 7 elements of a Compliance Program? - 🧠ANSWER ✔✔1.
Standards of Conduct/Policies and Procedures, 2. Compliance Officer and
Compliance Committee, 3. Education/Training, 4. Monitoring/Auditing, 5.
Reporting and Investigating, 6. Enforcement and Discipline, 7. Response
and Prevention
A CFO discovers the CEO is using company funds for personal expenses.
The CFO buried this information in the company's financial reports. The
compliance and ethics professional learns of the situation through the
company's hotline. Which of the following should be the compliance and
ethics professional's FIRST response? - 🧠ANSWER ✔✔Investigate to
verify the allegation
Which of the following is the MOST effective way a compliance and ethics
professional can evaluate compliance and ethics audit findings? -
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 1
STATEMENT. ALL RIGHTS RESERVED
,🧠ANSWER ✔✔Conduct trend analysis on identified risk areas and
benchmark results against industry standards
Which of the following BEST describes the primary role of people of a
compliance and ethics professional? - 🧠ANSWER ✔✔Promotes a culture
of compliance and ethics throughout the organization
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.) Conduct a compliance and ethics risk assessment
B.) Review organization-wide compliance policies
C.) Perform a statistically valid compliance audit
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 2
STATEMENT. ALL RIGHTS RESERVED
, D.) Distribute a compliance training packet to employees - 🧠ANSWER
✔✔Conduct a compliance and ethics risk assessment
An employee discloses that a supervisor has been verbally abusive. 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 advises that no report be written because of possible litigation.
The compliance and ethics professional's BEST course of action is to... -
🧠ANSWER ✔✔Ask counsel to prepare the written report
Which of the following is the BEST outcome of a compliance and ethics
program? - 🧠ANSWER ✔✔Mitigating risk
A compliance and ethics professional receives an anonymous complaint
that an employee is receiving gifts from a vendor. An investigation finds the
employee is not in violation of the current gift policy and the policy has not
been reviewed in five years. Which of the following is the compliance and
ethics professional's MOST appropriate action? - 🧠ANSWER
✔✔Benchmark for vendor relation best practices
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 3
STATEMENT. ALL RIGHTS RESERVED
Exam Questions and Correct Answers |
New Update
What are the 7 elements of a Compliance Program? - 🧠ANSWER ✔✔1.
Standards of Conduct/Policies and Procedures, 2. Compliance Officer and
Compliance Committee, 3. Education/Training, 4. Monitoring/Auditing, 5.
Reporting and Investigating, 6. Enforcement and Discipline, 7. Response
and Prevention
A CFO discovers the CEO is using company funds for personal expenses.
The CFO buried this information in the company's financial reports. The
compliance and ethics professional learns of the situation through the
company's hotline. Which of the following should be the compliance and
ethics professional's FIRST response? - 🧠ANSWER ✔✔Investigate to
verify the allegation
Which of the following is the MOST effective way a compliance and ethics
professional can evaluate compliance and ethics audit findings? -
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 1
STATEMENT. ALL RIGHTS RESERVED
,🧠ANSWER ✔✔Conduct trend analysis on identified risk areas and
benchmark results against industry standards
Which of the following BEST describes the primary role of people of a
compliance and ethics professional? - 🧠ANSWER ✔✔Promotes a culture
of compliance and ethics throughout the organization
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.) Conduct a compliance and ethics risk assessment
B.) Review organization-wide compliance policies
C.) Perform a statistically valid compliance audit
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 2
STATEMENT. ALL RIGHTS RESERVED
, D.) Distribute a compliance training packet to employees - 🧠ANSWER
✔✔Conduct a compliance and ethics risk assessment
An employee discloses that a supervisor has been verbally abusive. 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 advises that no report be written because of possible litigation.
The compliance and ethics professional's BEST course of action is to... -
🧠ANSWER ✔✔Ask counsel to prepare the written report
Which of the following is the BEST outcome of a compliance and ethics
program? - 🧠ANSWER ✔✔Mitigating risk
A compliance and ethics professional receives an anonymous complaint
that an employee is receiving gifts from a vendor. An investigation finds the
employee is not in violation of the current gift policy and the policy has not
been reviewed in five years. Which of the following is the compliance and
ethics professional's MOST appropriate action? - 🧠ANSWER
✔✔Benchmark for vendor relation best practices
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 3
STATEMENT. ALL RIGHTS RESERVED
