Complete Compliance & Ethics Manual Quiz questions with complete solutions
Name the seven essential elements of compliance. correct answers 1. Written policies and procedures 2. Designated compliance officer and compliance committee 3. Effective training and education 4. Effective lines of communication 5. Internal monitoring and auditing 6. Enforcement and discipline 7. Corrective actions to detected problems What are the two types of compliance policies and procedures that should be developed by every organization? correct answers -Structural (framework) -Substantive (define applicable regulations) Who do most compliance officers report to? correct answers Board How many minimal hours of compliance education should be required for all employees? correct answers Minimum of one hour What two things must be documented and reported? correct answers Auditing and monitoring activities What are the typical five disciplinary action steps? correct answers 1. Verbal warning 2. Written warning 3. Suspension 4. Fine 5. Termination
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Liberty University
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Complete Compliance & Ethics
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- March 17, 2023
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- 2022/2023
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complete compliance amp ethics manual quiz questions with complete solutions
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