CHC Compliance Program Administration exam 2024 with complete solutions

A compliance program at its most basic level would be: (think of the 1st CP element) correct answersA set of internal policies and procedures that you put into place to help your organization comply with the law. Before developing a Compliance Program, FIRST, conduct a ___ _______, then, NEXT, _____ risks to help you define the basis for what the compliance program should focus on for the next year in its plan. correct answersrisk assessment; prioritize There is no established template for documenting compliance risks. Each organization should develop a Risk Assessment that fits its risk profile. The components that are commonly used throughout the industry are as follows EXCEPT: a. Risk Assessment b. Measuring key risk indicators c. Identifying key performance indicators d. Training the leadership of compliance regulation program correct answersd. Training the leadership of compliance regulation program Ref. ABA CRCM (certified regulatory compliance manager) The compliance program should address plans to verify adherence to applicable laws and regulations through: a. ongoing monitoring to evaluate the program, self-monitoring and corrective action b. self-monitoring c. Periodic reviews d. Ongoing monitoring to evaluate the program, self-monitoring and period reviews correct answersa. ongoing monitoring to evaluate the program, self-monitoring and corrective action