Risk Management and Compliance Flashcards
7 cards from real GPHR practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Risk Management and Compliance flashcards as text
A multinational company discovers that its third-party vendor in a foreign country is using child labor. Under the GPHR framework, what is the FIRST step HR should take?
Answer: Conduct a risk assessment and engage the vendor to understand the scope and remediation options
HR should first assess the scope of the issue and engage the vendor on remediation before taking action, following a risk-based approach consistent with responsible sourcing standards.
Which international standard provides a framework for organizations to manage bribery risks and is relevant to global HR compliance programs?
Answer: ISO 37001
ISO 37001 is the international standard specifically designed for anti-bribery management systems, directly relevant to global compliance programs.
A company operating in multiple countries must navigate conflicting data privacy laws. The GDPR requires data minimization, but a local law mandates retention of employee records for 10 years. How should HR handle this conflict?
Answer: Consult legal counsel to determine which law prevails and document the rationale
When laws conflict, HR must consult legal counsel to determine which law takes precedence in each jurisdiction and document the compliance rationale.
What is the primary purpose of a 'whistleblower protection policy' in a global organization?
Answer: To encourage reporting of misconduct by protecting employees from retaliation
Whistleblower protection policies are designed to encourage reporting of misconduct by assuring employees they will not face retaliation for raising concerns.
An HR professional is designing a global ethics hotline. Which feature is MOST critical to ensure its effectiveness across multiple countries?
Answer: Ensuring 24/7 availability with multilingual support and anonymous reporting options
An effective global ethics hotline must be accessible at all hours, support multiple languages, and allow anonymous reporting to encourage use across diverse workforces.
Under the U.S. Foreign Corrupt Practices Act (FCPA), which of the following is TRUE regarding payments to foreign government officials?
Answer: Small 'facilitation payments' to expedite routine government actions are permitted under certain conditions
The FCPA historically permitted narrow 'facilitation payments' for routine government actions (like processing permits), though many companies prohibit them as a best practice.
A global company wants to assess its exposure to human rights risks in its supply chain. Which tool is MOST aligned with internationally recognized standards for this purpose?
Answer: Human rights due diligence aligned with the UN Guiding Principles on Business and Human Rights
The UN Guiding Principles on Business and Human Rights (UNGPs) provide the internationally recognized framework for human rights due diligence in supply chains.