CCEP COMPLIANCE AND ETHICS

• | Page

CCEP COMPLIANCE AND ETHICS

PROFESSIONAL EXAM WITH 10 0%

CORRECT ANSWERS

Question : These Compliance and Ethics Policies and

procedures must exist

Correct answer: Non-Retaliation, Record Management,

Conflict of Interest, Privacy, Security, and Confidentiality

Question : What are Compliance Officers required to do?

Correct answer: Maintain Compliance and Ethics polices

and procedures

Question : When making decisions, C.O. need to....

Correct answer: Consult with appropriate subject matter

resources, HR, legal, finance

Question : A main goal of compliance program:

Correct answer: Assure Alignment between organization's

mission, vision, values, and the code of conduct

• | Page

Question : A main goal of compliance program is...

Correct answer: to assure alignment of the compliance

and ethics strategic plan is consistent with overall business objectives.

Question : A requirement for compliance program is...

Correct answer: to maintain a code of conduct

Question : C.O. needs to ensure what?

Correct answer: Ensure organizational value statements

reflect a committment to a culture of integrity

Question : What else does a CO ensure?

Correct answer: The policies and procedures address

regulatory and legal requirements.

Question : Policies need to address what?

Correct answer: Interactions/relationships with third-

parties, like vendors, business partners, and competitors

• | Page

Question : What else is required in relation to third-

parties?

Correct answer: That contractual agreements include

compliance and ethic standards.

Question : What documentation is required of a

compliance plan?

Correct answer: That the program is documented, like a

compliance manual/outlined plan.

Question : What else will a compliance program

document in regards to risks?

Correct answer: That policies and procedures around

specific identified risk area are maintained.

Question : What will a compliance program document in

regards to governance policies?

Correct answer: That the governance policies for the

compliance and ethics program are maintained.

• | Page

Question : Who does a Compliance Officer report to?

Correct answer: A board of directors, or audit committee

Question : What does a compliance officer report and to

whom?

Correct answer: Reports compliance and ethics activity to

the internal governing body, like a board of directors/audit committee

Question : Who else does a compliance officer report to?

Correct answer: Gives reports of compliance and ethics

activity to the senior business leader, like the CEO or CFO

Question : What does the CO coordinate inside the

organization?

Correct answer: Coordinates the operational aspects of the

compliance program with management, like oversight committee and senior managment.