CCEP Ethics Program Management 3

Question 1

An ethics officer is designing a new hotline system. Which feature is MOST critical to encouraging use?

Accepted Answer

24/7 availability in multiple languages with anonymity protection

Answer

Around-the-clock multilingual access with robust anonymity protection addresses the two primary barriers — accessibility and fear of retaliation — that deter reporting.

Question 2

Which of the following BEST describes 'tone at the top' in the context of an ethics program?

Accepted Answer

Senior leadership visibly modeling and communicating ethical values

Answer

Tone at the top refers to senior leaders actively modeling ethical behavior and communicating its importance, which sets the cultural standard for the entire organization.

Question 3

A compliance risk assessment reveals high inherent risk in a newly acquired subsidiary. What should the compliance officer do FIRST?

Accepted Answer

Apply the parent company's compliance controls and measure residual risk

Answer

Applying existing controls and measuring residual risk is the proper risk management response — it quantifies exposure after mitigation before deciding on further action.

Question 4

Under Sarbanes-Oxley Section 301, audit committees must establish procedures for what purpose?

Accepted Answer

Receiving and handling complaints about accounting and auditing matters

Answer

SOX Section 301 requires audit committees to establish procedures for receiving, retaining, and handling complaints regarding accounting, internal controls, and auditing matters.

Question 5

Which approach to ethics training is MOST likely to produce lasting behavioral change?

Accepted Answer

Scenario-based discussions facilitated by managers in team settings

Answer

Scenario-based discussions in team settings engage employees in applying principles to realistic situations, which research shows produces more durable behavioral change than passive training.

(CCEP) Certified Compliance and Ethics Professional Practice Test

(CCEP) Certified Compliance and Ethics Professional Practice Test

CCEP Ethics Program Management 3