CCEP (Compliance) Complete Mock
Exam *Verified Q&A* 100% Correct
Which statement best reflects the primary objective of implementing a compliance program in an
organization?
A) To streamline operations for higher efficiency
B) To ensure adherence to industry best practices
C) To protect ...
CCEP (Compliance) Complete Mock
Exam *Verified Q&A* 100% Correct
Which statement best reflects the primary objective of implementing a compliance program in an
organization?
A) To streamline operations for higher efficiency
B) To ensure adherence to industry best practices
C) To protect the organization from legal repercussions
D) To foster a culture of ethical behavior and regulatory compliance
In the context of corporate governance, the role of a Compliance Officer is critical. What is their
main responsibility?
A) To manage day-to-day financial operations
B) To oversee the development and execution of compliance policies
C) To enhance marketing strategies
D) To evaluate employee performance
When an organization introduces a new service, what is the most appropriate action regarding
compliance?
A) Conduct a marketing campaign
B) Perform a thorough risk assessment
C) Review employee satisfaction surveys
D) Monitor competitor activities
1
,Which legislation significantly impacted corporate accountability in the United States following
high-profile scandals?
A) The Whistleblower Protection Act
B) The Sarbanes-Oxley Act
C) The Foreign Corrupt Practices Act
D) The Dodd-Frank Act
In healthcare compliance, what is the primary focus of the Office of Inspector General (OIG)?
A) To detect and prevent fraud and abuse in federal health programs
B) To enhance patient care quality
C) To reduce healthcare costs
D) To promote medical research
The term "whistleblower" is often discussed in compliance contexts. What does it mean?
A) A corporate leader who promotes compliance
B) An individual who reports unethical or illegal activities in an organization
C) A manager who conducts performance reviews
D) An employee who remains silent about misconduct
Which of the following is NOT typically part of a comprehensive compliance program?
A) Established policies and procedures
B) Employee salary negotiations
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, C) Ongoing training and education
D) Regular monitoring and audits
What is the primary purpose of conducting internal audits in the context of compliance?
A) To prepare the organization’s financial statements
B) To evaluate the effectiveness of compliance efforts and controls
C) To assess customer satisfaction
D) To conduct competitive analysis
When might a compliance officer need to initiate an investigation?
A) When new regulations are published
B) After successful project completion
C) When there are credible allegations of misconduct
D) When employee engagement is high
In compliance terminology, "due diligence" refers to which practice?
A) Taking proactive measures to ensure compliance with laws and regulations
B) Evaluating employee performance regularly
C) Setting annual sales targets
D) Conducting market research
What foundational document outlines an organization's commitment to ethical conduct?
A) The employee handbook
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