Question No 3:
An employee allegedly embezzled funds during the course of operating the company’s petroleumbusiness. 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
No comments:
Post a Comment
Note: only a member of this blog may post a comment.