Study guides, Class notes & Summaries

CCEP Compliance and Ethics Professional ExamThese Compliance and Ethics Policies and procedures must exist - correct answer Non-Retaliation, Record Management, Conflict of Interest, Privacy, Security, and Confidentiality What are Compliance Officers required to do? - correct answer Maintain Compliance and Ethics polices and procedures When making decisions, C.O. need to.... - correct answer Consult with appropriate subject matter resources, HR, legal, finance A main goal of compliance p...

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...

CCEP Certification Chapter 4: Tailoring Your Compliance Program Questions and Answers 100% Pass The three C's of communication - Correct Answer ️️ -Clear, concise and creative What is the most important communication device? - Correct Answer ️️ -Open-door policy What are the three items that should be reviewed annually? - Correct Answer ️️ - Compliance plan, polices and procedures What are the three measures of effectiveness? - Correct Answer ️️ -1. Structure 2. Process

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 ️️...

Certified Compliance and Ethics Professional (CCEP) Certification Study Exam 2024/2025 100%Revision. 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 investigat...

Certified Compliance and Ethics Professional (CCEP) Certification Study Exam 2024/2025 100%Revision. 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 investigat...

An organization has just accepted a new business line with plants in Germany and France. The CEO has asked the compliance and ethics professional (CEP) to evaluate the compliance program to determine the impact of this change. Which of the following should the CEP consider when evaluating the company's compliance hotline? A. Foreign Corrupt Practices Act B. EU Privacy Directive C. OECD Convention on Bribery D. Bank Secrecy Act - B. EU Privacy Directive The audit committee has asked t...

These Compliance and Ethics Policies and procedures must exist Non-Retaliation, Record Management, Conflict of Interest, Privacy, Security, and Confidentiality What are Compliance Officers required to do? Maintain Compliance and Ethics polices and procedures When making decisions, C.O. need to.... Consult with appropriate subject matter resources, HR, legal, finance A main goal of compliance program: Assure Alignment between organization's mission, vision, values, and the code of conduct...

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. Include the standards in the third-party contract. When audit...

What is the first thing you should do after you identify the risks in your organization? - Prioritize How often to rotate lead auditor, coordinating partner, and/or reviewing partner off an audity? - Every 5 years What does discipline need to be? - Case-specific and consistent What is the first thing to do when you are ready to discipline? - Respond appropriately What is the second step regarding discipline after you have responded? - Prevent future occurrences Which act imposes l...

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...