Certified Compliance and Ethics Professional (CCEP) Certification Study Resources

Certified Compliance and Ethics Professional (CCEP) Certification Study



1. Which of the following BEST describes the purpose of training based uponri
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sk assessment findings?
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A.) Reducing the organization's legal exposure B.)
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Educating employees on laws and regulations s s s s s


C.) Educating the board on the compliance program
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D.) Reducing the organization's insurance premiums: A. Reducing the organi-
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zation's legal exposure
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2. A compliance and ethics professional investigates a report of sexual ha-
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rassment. The incident does not constitute sexual harassment, but revealsth
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e employee's misunderstandings of the harassment policy. Which of the foll
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owing should be the FIRST step in a corrective action plan?
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A.) Consult outside counsel
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B.) Disclose the incident to the EEOC
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C.) Provide education and training on the policy
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D.) Survey employees' understanding of the policy: C.) Provide education andtr
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aining on the policy s s s


3. Which of the following provides guidance for the development of a compli-
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ance program?
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A.) Sarbanes-Oxley Act
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B.) Federal Sentencing Guidelines
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C.) Security and Exchange Commission
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D.) Office for Civil Rights: B.) Federal Sentencing Guidelines
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4. Which of the following is the BEST outcome of a compliance and ethicspr
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ogram?

A.) Mitigating risk
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B.) Identifying risk
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C.) Prioritizing risk
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D.) Documenting risk: A.) Mitigating risk
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5. Training on price-fixing is MOST important for which of the following staff?
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,A.) Management
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B.) Sales
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C.) Marketing
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D.) Accounting: B.) Sales
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, 6. A compliance and ethics program should include:
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1. An employee benefits handbook
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2. Document retention guidelines s s


3. Policies regarding confidentiality s s


4. A statement about the organization's culture
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A.) 1,2, and 3 only
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B.) 1, 2, and 4 only
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C.) 1, 3, and 4 only
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D.) 2, 3, and 4 only: D.) 2, 3, and 4 only
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7. A US- s


based retail company has 250 stores in 30 states. Past compliance efforts have
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included a silo-
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based approach with minimal oversight and the CEO acting as the Compliance
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and Ethics Officer. One person in each state posted compliance-
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related information sent from corporate, but there were no actual educational s
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essions. Policies and procedures were developed by corporate and reviewed 5
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years ago.The organization has decided that a morededicated approach is need
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ed and hires a Compliance and Ethics Officer. Which of the following actions sh
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ould the new Compliance and Ethics Officertake FIRST?
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A.) Conduct a compliance and ethics risk assessmentB
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.) Review organization-wide compliance policies
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C.) Perform a statistically valid compliance audit
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D.) Distribute a compliance training packet to employees: A.) Conduct a com-
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pliance and ethics risk assessment
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8. An employee discloses to counsel and the compliance and ethics profes-
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ssional that a supervisor has been verbally abusive. An investigation finds thatth
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e same supervisor has also been sexually harassing several employees inhis d
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epartment.The compliance program requires that findings of harassmentbe doc
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umented and forwarded by the compliance and ethics professional tothe CEO
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with a recommendation for appropriate discipline. Counsel advises that no rep
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ort be written because of possible litigation. The compliance and ethics profes
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sional's BEST course of action is to: s s s s s s




A.) Follow counsel's advice
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B.) Submit a written report
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C.) Ask counsel to prepare the written report
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