Ccep corporate compliance - Study guides, Class notes & Summaries

CCEP: Set 1 Questions and Answers 100% Correct A company uses 5,000 third parties to accomplish business tasks. Which of the following steps should the compliance and ethics professional take to require third parties to comply with the company's ethics and compliance standards? A. Read the third party's code of conduct. B. Include the standards in the third-party contract. C. Conduct due diligence on the third party. D. Communicate the standards to the third part - Correct Answer ️️...

CCEP: Set 1 Questions and Answers 100% Correct A company uses 5,000 third parties to accomplish business tasks. Which of the following steps should the compliance and ethics professional take to require third parties to comply with the company's ethics and compliance standards? A. Read the third party's code of conduct. B. Include the standards in the third-party contract. C. Conduct due diligence on the third party. D. Communicate the standards to the third part - Correct Answer ️️...

CCEP EXAM >> QUESTIONS AND ANSWERS ALREADY GRADED A What are the 7 elements of a Compliance Program? 1. Standards of Conduct/Policies and Procedures, 2. Compliance Officer and Compliance Committee, 3. Education/Training, 4. Monitoring/Auditing, 5. Reporting and Investigating, 6. Enforcement and Discipline, 7. Response and Prevention A CFO discovers the CEO is using company funds for personal expenses. The CFO buried this information in the company's financial reports. The ...

CCEP. Set 2 Questions with Accurate Answers A compliance and ethics professional (CEP) is confronted in her office by ten government officials conducting a surprise visit. They demand immediate access to all company documents. Which of the following should the CEP do FIRST? A. Tell them that it is not a compliance matter. B. Request a copy of their official authorization. C. Call a higher authority to request immediate intervention. D. Permit immediate access C. Call a higher authority to ...

CCEP: Set 1 Questions and Answers 100% Correct A company uses 5,000 third parties to accomplish business tasks. Which of the following steps should the compliance and ethics professional take to require third parties to comply with the company's ethics and compliance standards? A. Read the third party's code of conduct. B. Include the standards in the third-party contract. C. Conduct due diligence on the third party. D. Communicate the standards to the third part - Correct Answer ️️...

CCEP: Set 1 Exam >> Questions and Answers A company uses 5,000 third parties to accomplish business tasks. Which of the following steps should the compliance and ethics professional take to require third parties to comply with the company's ethics and compliance standards? A. Read the third party's code of conduct. B. Include the standards in the third-party contract. C. Conduct due diligence on the third party. D. Communicate the standards to the third part B. Incl...

CCEP Study Set - SelfA CFO discovers the CEO is using company funds for personal expenses. The CFO buried this information in the company's financial reports. The compliance and Ethics Professional (CEP) learns of the situation through the company's hotline. Which of the following should be the CEP's FIRST response? A. Retain outside counsel B. Recommend suspension of the CFO C. Investigate and verify the allegation D. Disclose the issue and terminate the CEO. - correct answer C. Invest...

CCEP Study Set - SelfA CFO discovers the CEO is using company funds for personal expenses. The CFO buried this information in the company's financial reports. The compliance and Ethics Professional (CEP) learns of the situation through the company's hotline. Which of the following should be the CEP's FIRST response? A. Retain outside counsel B. Recommend suspension of the CFO C. Investigate and verify the allegation D. Disclose the issue and terminate the CEO. - correct answer C. Invest...

CCEP Set 4 A C&E professional investigates a report of sexual harassment. The incident, not constitute SH, reveals the employee's misunderstanding of the harassment policy? Which of following should be FIRST in the corrective action plan? A) Consult outside counsel B) Disclose the incident to the EEOC C) Provide education and training on the policy D) Survey employee's understanding of the policy [Correct Ans: - C) Provide education and training on the policy The BEST way to promote et...

CCEP Glossary Exam Questions and Answers 100% Pass Accounting and Auditing Enforcement Releases (AAER) - Correct Answer ️️ -Financial reporting related enforcement actions concerning civil lawsuits brought by the Commission in federal court and notices and orders concerning the institution and/or settlement of administrative proceedings. Accredited Investors - Correct Answer ️️ -Term used by the SEC under Regulation D to refer to investors who are financially sophisticated and hav...