CERTIFIED COMPLIANCE AND ETHICS AND
ETHICS PROFESSIONAL (CCEP) 2024-2025
NEWEST EXAM 300 DETAILED QUESTIONS
AND CORRECT ANSWERS ALREADY GRADED
... [Show More]
A+.
Which of the following departments in a large drug manufacturing company is
MOST likely to have the highest risk of non-compliance?
A.) Transportation
B.) Customer service
D.) Compliance and Ethics Professional
D.) Repair and Maintenance
D.) Compliance and Ethics Professional
A compliance and ethics professional should be perceived as the company's:
A.) Legal resource
B.) Ethical conscience
C.) Employee champion
D.) Enforcement authority
B.) Ethical conscience
A compliance and ethics professional is auditing the organization's compliance
with the Sarbanes-Oxley Act. Which of the following audit findings indicates a
violation?
A.) The public accounting firm providing audit services has had the same audit
partner reviewing the audits for the past 6 years.
B.) The previous public accounting firm was the past employer of the company's
current controller who participated in an audit 4 years ago.
C.) The previous public accounting firm is providing bookkeeping related to the
accounting records and financial statements that they once audited.
D.) The public accounting firm providing audit services has been contracted
A.) The public accounting firm providing audit services has had the same audit partner
reviewing the audits for the past 6 years.
Under In re Caremark Int'l., the basic fiduciary duty of care principle is
characterized as acting in good faith with:
A.) Reasonable care of management under similar circumstances
B.) Reasonable care of an organization under similar circumstances
C.) The care of an ordinary prudent person under similar circumstances
D.) The care of another compliance and ethics professional under similar
circumstances
C.) The care of an ordinary prudent person under similar circumstances
Which of the following BEST describes the primary role of a compliance and
ethics professional?
A.) Ensures that risks are appropriately prioritized
B.) Performs background checks on new employees
C.) Includes compliance and ethics questions in exit interviews
D.) Promotes a culture of compliance and ethics throughout the organization
D.) Promotes a culture of compliance and ethics throughout the organization
Which of the following BEST describes the purpose of training based upon risk
assessment findings?
A.) Reducing the organization's legal exposure
B.) Educating employees on laws and regulations
C.) Educating the board on the compliance program
D.) Reducing the organization's insurance premiums
A. Reducing the organization's legal exposure
A compliance and ethics professional investigates a report of sexual harassment.
The incident does not constitute sexual harassment, but reveals the employee's
misunderstandings of the harassment policy. Which of the following should be
the FIRST step in a corrective action plan?
A.) Consult outside counsel
B.) Disclose the incident to the EEOC
C.) Provide education and training on the policy
D.) Survey employees' understanding of the policy
C.) Provide education and training on the policy [Show Less]