CCEP-I Dumps Exam Question No 3:

Question No 3:

An employee allegedly embezzled funds during the course of operating the company’s petroleum
business. The compliance and ethics professional became aware of the allegation through a
specific document requested by law enforcement. The compliance and ethics professional should
immediately:

A. Conduct its own investigation and report its finding to the legal counsel to avoid embarrassment.
B. Discuss the matter with the legal counsel to preserve any applicable privilege during the investigation.
C. Discuss the matter with the Board of Directors to see advice regarding preserving the company’s reputation.
D. Conduct an investigation with the assistance of an external auditor to preserve independence.

Answer: B

CCEP-I Dumps Exam Question No 2

Question No 2:

A company uses 5,000 third parties to accomplish business tasks. Which of the following steps should the compliance and ethics professional take to require third parties to comply with the company's ethics and compliance standards?

A. Read the third party's code of conduct.
B. Include the standards in the third-party contract.
C. Conduct due diligence on the third party.
D. Communicate the standards to the third party.

Answer: B

CCEP-I Dumps Exam Question No 1

Question No 1:

Which of the following is the BEST way to ensure compliance and ethics program resources are budgeted effectively?

A. Review educational activities.
B. Interview senior managers.
C. Conduct a risk assessment.
D. Consult other departments.

Answer: D