CEA Anti-Corruption & Bribery Prevention 4

Question 1

Which of the following scenarios most clearly illustrates 'bid rigging' as a form of corruption?

Accepted Answer

Competing companies secretly agree to alternate who wins government tenders

Answer

Bid rigging occurs when competitors collude to predetermine the winner of a tender, depriving the procuring entity of genuine competition.

Question 2

Under the concept of 'respondeat superior' in U.S. law, a corporation can be held criminally liable for employee bribery when:

Accepted Answer

The employee acted within the scope of employment intending to benefit the company

Answer

Under respondeat superior, corporate criminal liability attaches when an employee acted within their employment scope with intent to benefit the organization, even without executive approval.

Question 3

A whistleblower reports suspected bribery to company management, who then dismiss the employee. Under the Dodd-Frank Act, which protection applies?

Accepted Answer

The employee is protected from retaliation and may be entitled to reinstatement and back pay

Answer

Dodd-Frank's anti-retaliation provisions protect employees who report suspected securities violations, including FCPA violations, and provide remedies including reinstatement and double back pay.

Question 4

Which characteristic distinguishes a 'deferred prosecution agreement' (DPA) from a criminal conviction in FCPA cases?

Accepted Answer

A DPA suspends prosecution while the company fulfills remediation obligations, avoiding a conviction

Answer

In a DPA, the government agrees to defer prosecution for a set period while the company implements compliance reforms; charges are dismissed if the company meets its obligations.

Question 5

When designing an anti-corruption training program, which group typically presents the HIGHEST risk and should receive enhanced, role-specific training?

Accepted Answer

Sales and procurement personnel in high-risk markets

Answer

Sales and procurement staff in high-risk markets interact directly with officials and counterparties in situations where bribery risk is elevated, requiring targeted training beyond general awareness.

(CEA) Certified Ethics Associate Practice Test

(CEA) Certified Ethics Associate Practice Test

CEA Anti-Corruption & Bribery Prevention 4