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CPCO CHAPTER 2 EXAM 2025 QUESTIONS AND ANSWERS

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CPCO CHAPTER 2 EXAM 2025 QUESTIONS AND ANSWERS

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CPCO
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CPCO
Course
CPCO

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Uploaded on
July 10, 2025
Number of pages
25
Written in
2024/2025
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CPCO CHAPTER 2 EXAM 2025
QUESTIONS AND ANSWERS


When is an outside consultant and/or legal counsel necessary?

Only when an overpayment is identified.

There is no requirement to hire a consultant or counsel, but such assistance may be

beneficial during certain phases of development and/or if issues arise.

In the beginning of plan development.


Never. - ....ANSWER ...-There is no requirement to hire a consultant or

counsel, but such assistance may be beneficial during certain phases of

development and/or if issues arise.

There is no requirement that outside consultants or legal counsel be involved in a

Compliance Program. However, during certain phases of program development

and implementation, both consultants and legal counsel may be beneficial.

Most expenses related to developing and implementing a compliance program are

considered the cost of doing business and are tax deductible for the organization.

Which, of the following, is NOT tax deductible?




....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1

,when the expense costs are more than the national average

when the expenses are a result of the imposition of a penalty

for the annual maintenance of the program


except the salary of the Compliance Officer - ....ANSWER ...-when the

expenses are a result of the imposition of a penalty

A CIA is a penalty imposed upon the organization and, as with any other

governmental penalty, the expense of the development, implementation, and

maintenance of this program cannot be included as a deductible expense to the

organization.

What is the most important aspect of a Compliance Program?

Training

Implementation

Development


Discipline - ....ANSWER ...-Implementation


Without adherence to the stated goals and objectives there is no purpose to the

document itself. Having all the components of a compliance program in place will

not matter if they are not implemented.




....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2

, Fraud, waste, and abuse are all areas that must be controlled when providing

services to beneficiaries. Which statement is TRUE regarding fraudulent billing?

A series of errors is considered fraudulent billing.

Fraudulent billing is only an issue if the erroneous billing is identified and not

resolved.

Fraudulent billing only occurs when refunds are not issued in a timely manner.

Fraudulent billing is a willful act with intent to receive payment for services not

rendered. - ....ANSWER ...-Fraudulent billing is a willful act with intent to

receive payment for services not rendered.

Fraudulent billing is willful, and is undertaken with the intent to receive payment

for services not legitimately rendered.

Because of the changing nature of healthcare regulation, which statement is TRUE

regarding the compliance program?

The compliance program should only be updated annually to ensure all the

changed regulations are captured.

The compliance program should be updated biannually.

Hiring a consultant to review the program for accuracy is necessary.




....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 3
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