8100 Professional Level Exam Professional Ethics and Compliance 2

Question 1

What does 'confidentiality' obligate a certified professional to do?

Accepted Answer

Protect client and organizational information from unauthorized disclosure

Answer

Confidentiality requires that professionals safeguard sensitive information obtained during the course of their work and disclose it only as authorized or legally required.

Question 2

Under what circumstance may a professional legitimately disclose confidential client information?

Accepted Answer

When required by law, court order, or to prevent imminent harm

Answer

Legal mandates, regulatory requirements, and imminent safety threats are recognized exceptions to confidentiality obligations.

Question 3

What is 'professional indemnity' insurance designed to protect against?

Accepted Answer

Claims arising from errors, omissions, or negligence in the delivery of professional services

Answer

Professional indemnity (also called errors and omissions) insurance covers legal defense costs and damages when a client claims professional negligence.

Question 4

What does 'due diligence' require of a professional before undertaking an engagement?

Accepted Answer

Thoroughly investigating facts, risks, and relevant information before committing to conclusions or actions

Answer

Due diligence is the professional obligation to gather and review sufficient information before making decisions or recommendations.

Question 5

What is 'professional negligence' in a legal and ethical context?

Accepted Answer

Failure to meet the standard of care expected of a competent professional in the same field

Answer

Professional negligence occurs when a practitioner fails to apply the skill and diligence expected of a reasonably competent member of their profession, causing harm.

3D Texturing Practice Test

3D Texturing Practice Test

8100 Professional Level Exam Professional Ethics and Compliance 2