CPCO chapter 2 Exam | Verified Exam Questions and Answers | Latest
Updated Study Material 2026
Question:
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.
Question:
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.
Answer:
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? 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
Question:
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.
, Question:
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.
Question:
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. The compliance program should be
continually a work in progress.
Answer:
The compliance program should be continually a work in progress. The program should be monitored
and updated at least annually, and more likely more often, to provide for up-to-date compliance.
Question:
Which statement is true regarding compliance programs? Compliance programs are not mandated by law.
Compliance programs are only effective after the baseline audit has been performed and policies written.
Compliance programs are only required by law for healthcare entities that have more than $500,000 in
annual revenue. Compliance programs are considered more dangerous if they are developed but not
implemented.
Answer:
Compliance programs are considered more dangerous if they are developed but not implemented. The
only thing worse than not having a Compliance Program is to have a Compliance Program that is not
implemented.
Updated Study Material 2026
Question:
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.
Question:
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.
Answer:
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? 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
Question:
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.
, Question:
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.
Question:
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. The compliance program should be
continually a work in progress.
Answer:
The compliance program should be continually a work in progress. The program should be monitored
and updated at least annually, and more likely more often, to provide for up-to-date compliance.
Question:
Which statement is true regarding compliance programs? Compliance programs are not mandated by law.
Compliance programs are only effective after the baseline audit has been performed and policies written.
Compliance programs are only required by law for healthcare entities that have more than $500,000 in
annual revenue. Compliance programs are considered more dangerous if they are developed but not
implemented.
Answer:
Compliance programs are considered more dangerous if they are developed but not implemented. The
only thing worse than not having a Compliance Program is to have a Compliance Program that is not
implemented.
