CCEP Candidate Group

Another great showing this Friday for the live study group portion. The good news is we are halfway done! Next Friday we will cover the topics of "Communication, Education, and Training" and "Monitoring, Auditing, and Internal Reporting Systems" from the CCEP/CCEP-I exam detailed content outline. 

Here are the answers to this week's questions. Correct answer is in bold.

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

1. 1, 2, and 3 only
2. 1, 2, and 4 only
3. 1, 3, and 4 only
4. 2, 3, and 4 only

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?

1. Post revised documents on the organization's website
2. Schedule time during the next board meeting to present revised documents
3. Schedule a meeting with HR, general counsel, and the board to discuss the issue
4. Contact HR to determine if the inconsistencies between the documents can be resolved

A compliance and ethics professional has developed a policy intended to prohibit employees from paying, offering or promising to pay officials of other countries for the purposes of obtaining or maintaining business. This policy will help the organization comply with the

1. Sherman Act
2. USA PATRIOT Act
3. Anti-Money Laundering Act
4. Foreign Corrupt Practices Act

Under In re Caremark Int'l, the basic fiduciary duty of care principle is characterized as acting in good faith with

1. reasonable care of management under similar circumstances
2. reasonable care of an organization under similar circumstances
3. the care of an ordinary prudent person under similar circumstances
4. the care of another compliance and ethics professional under similar circumstances

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Caitlyn (Kinney) Tobey, CHC, CIPP/US, CIPM
Compliance and Contracts Coordinator
Concord, MA
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