CCRP KOR Certified Cardiac
Rehabilitation Professional CCRP
Exam
Question 1. What is the primary purpose of due diligence in institutional
investments?
A) To maximize short-term returns
B) To evaluate risks and ensure fiduciary responsibility
C) To comply with marketing standards
D) To develop marketing strategies
Answer: B
Explanation: Due diligence aims to evaluate risks comprehensively and
ensure fiduciary responsibility in investments.
Question 2. How does investment due diligence (IDD) differ from
operational due diligence (ODD)?
,CCRP KOR Certified Cardiac
Rehabilitation Professional CCRP
Exam
A) IDD focuses on legal compliance, ODD on marketing
B) IDD assesses investment strategies, ODD reviews operational
processes
C) IDD is only about financial data, ODD only about personnel
D) They are identical processes with different names
Answer: B
Explanation: IDD evaluates the investment’s strategy and performance,
whereas ODD reviews operational aspects like management and
infrastructure.
Question 3. Which global regulation specifically impacts hedge fund
managers’ due diligence processes?
A) SEC regulations
,CCRP KOR Certified Cardiac
Rehabilitation Professional CCRP
Exam
B) MiFID II
C) AIFMD
D) Dodd-Frank Act
Answer: C
Explanation: AIFMD (Alternative Investment Fund Managers Directive)
directly governs hedge funds and their managers in the EU, affecting
due diligence requirements.
Question 4. What is the primary focus of Anti-Money Laundering (AML)
requirements?
A) Protecting intellectual property
B) Preventing illegal financial transactions
, CCRP KOR Certified Cardiac
Rehabilitation Professional CCRP
Exam
C) Ensuring accurate financial reporting
D) Enhancing cybersecurity measures
Answer: B
Explanation: AML requirements aim to prevent and detect illegal
financial activities such as money laundering.
Question 5. Which of the following best describes the core principles of
the CDDA Code of Ethics?
A) Maximizing client profits at any cost
B) Maintaining integrity, confidentiality, and professionalism
C) Favoring internal interests over client interests
D) Prioritizing marketing over compliance
Rehabilitation Professional CCRP
Exam
Question 1. What is the primary purpose of due diligence in institutional
investments?
A) To maximize short-term returns
B) To evaluate risks and ensure fiduciary responsibility
C) To comply with marketing standards
D) To develop marketing strategies
Answer: B
Explanation: Due diligence aims to evaluate risks comprehensively and
ensure fiduciary responsibility in investments.
Question 2. How does investment due diligence (IDD) differ from
operational due diligence (ODD)?
,CCRP KOR Certified Cardiac
Rehabilitation Professional CCRP
Exam
A) IDD focuses on legal compliance, ODD on marketing
B) IDD assesses investment strategies, ODD reviews operational
processes
C) IDD is only about financial data, ODD only about personnel
D) They are identical processes with different names
Answer: B
Explanation: IDD evaluates the investment’s strategy and performance,
whereas ODD reviews operational aspects like management and
infrastructure.
Question 3. Which global regulation specifically impacts hedge fund
managers’ due diligence processes?
A) SEC regulations
,CCRP KOR Certified Cardiac
Rehabilitation Professional CCRP
Exam
B) MiFID II
C) AIFMD
D) Dodd-Frank Act
Answer: C
Explanation: AIFMD (Alternative Investment Fund Managers Directive)
directly governs hedge funds and their managers in the EU, affecting
due diligence requirements.
Question 4. What is the primary focus of Anti-Money Laundering (AML)
requirements?
A) Protecting intellectual property
B) Preventing illegal financial transactions
, CCRP KOR Certified Cardiac
Rehabilitation Professional CCRP
Exam
C) Ensuring accurate financial reporting
D) Enhancing cybersecurity measures
Answer: B
Explanation: AML requirements aim to prevent and detect illegal
financial activities such as money laundering.
Question 5. Which of the following best describes the core principles of
the CDDA Code of Ethics?
A) Maximizing client profits at any cost
B) Maintaining integrity, confidentiality, and professionalism
C) Favoring internal interests over client interests
D) Prioritizing marketing over compliance
