Certified Compliance and Ethics
Professional (CCEP) Certification Study
Resources
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
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Which of the following provides guidance for the development of a compliance program?
A.) Sarbanes-Oxley Act
B.) Federal Sentencing Guidelines
C.) Security and Exchange Commission
,D.) Office for Civil Rights
B.) Federal Sentencing Guidelines
Which of the following is the BEST outcome of a compliance and ethics program?
A.) Mitigating risk
B.) Identifying risk
C.) Prioritizing risk
D.) Documenting risk
A.) Mitigating risk
Training on price-fixing is MOST important for which of the following staff?
A.) Management
B.) Sales
C.) Marketing
D.) Accounting
B.) Sales
A compliance and ethics program should include:
1. An employee benefits handbook
2. Document retention guidelines
3. Policies regarding confidentiality
4. A statement about the organization's culture
A.) 1,2, and 3 only
B.) 1, 2, and 4 only
C.) 1, 3, and 4 only
D.) 2, 3, and 4 only
D.) 2, 3, and 4 only
A US-based retail company has 250 stores in 30 states. Past compliance efforts have
included a silo-based approach with minimal oversight and the CEO acting as the
Compliance and Ethics Officer. One person in each state posted compliance-related
information sent from corporate, but there were no actual educational sessions. Policies and
procedures were developed by corporate and reviewed 5 years ago. The organization has
decided that a more dedicated approach is needed and hires a Compliance and Ethics
Officer. Which of the following actions should the new Compliance and Ethics Officer take
FIRST?
A.) Conduct a compliance and ethics risk assessment
B.) Review organization-wide compliance policies
C.) Perform a statistically valid compliance audit
, D.) Distribute a compliance training packet to employees
A.) Conduct a compliance and ethics risk assessment
An employee discloses to counsel and the compliance and ethics professional that a
supervisor has been verbally abusive. An investigation finds that the same supervisor has
also been sexually harassing several employees in his department. The compliance program
requires that findings of harassment be documented and forwarded by the compliance and
ethics professional to the CEO with a recommendation for appropriate discipline. Counsel
advises that no report be written because of possible litigation. The compliance and ethics
professional's BEST course of action is to:
A.) Follow counsel's advice
B.) Submit a written report
C.) Ask counsel to prepare the written report
D.) Recommend disciplinary action against counsel
C.) Ask counsel to prepare the written report
Even though counsel advises to not submit a report Compliance can suggest alternatives to
ensure the compliance program is being followed. By asking counsel to prepare the written
report it is then protected by attorney-client privilege and follows the compliance program.
A compliance and ethics professional is evaluating an organization's employee handbook. A
conflict exists between the Code of Conduct and the employee handbook. HR is responsible
for the employee handbook. The documents have been approved by the board of directors.
Which of the following actions should the compliance and ethics professional take FIRST?
A.) Post revised documents on the organization's website
B.) Schedule a time during the next board meeting to present revised documents
C.) Schedule a meeting with HR, general counsel, and the board to discuss the issue
D.) Contact HR to determine if the inconsistencies between the documents can be resolved
D.) Contact HR to determine if the inconsistencies between the documents can be resolved
Escalate to the lowest level when possible
A company's Code of Conduct has not been reviewed for over 2 years. HR recommended
adding content that would double its size. The compliance committee members expressed
concern that adding a significant amount of content could negatively impact its effectiveness.
Which of the following is the compliance and ethics professional's NEXT step before
consolidating revisions?
A.) Request guidance from the board of directors
B.) Contract with a consultant to rewrite the Code of Conduct
C.) Compare the content outline with other organizations
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