Question 1

When is it appropriate to admit in a Company Investigation Report that an employee has violated a law or regulation?

A. When the employee's conduct meets all elements of the statute or regulation.

B. When the employee's conduct involves a violation of the Foreign Corrupt Practices Act.

C. Never.

D. When the employee is found to have engaged in discriminatory or harassing conduct.

E. When the employee admits to the behavior or offense.

Question 2

When should a company disclose the results of its internal investigation to its applicable regulator?

A. Always

B. Never

C. When the law provides mandatory disclosure requirements

D. When the law provides for voluntary or discretionary disclosure

E. Always C, and sometimes D

Question 3

Which of the actions listed below is not an appropriate response to the results of an internal investigation?

A. Closing the investigation with no further action taken.

B. Requiring the entire business unit to attend a remedial training course.

C. Terminating the employee who reported the issue that is the subject of the investigation for reporting the issue.

D. Providing the employee(s) at issue with a new chain of command.

E. Developing new or additional audit procedures.

Question 4

Based on this week's assigned readings, what action did the Securities and Exchange Commission state best protects investors?

A. There is no single answer

B. Self-policing

C. Self-reporting

D. Remediation

E. Cooperation

Question 5

Which one of the following factors is included among the "Filip Factors?"

A. Whether the individual(s) involved were corporate officers or directors.

B. The corporation's remedial efforts to implement an effective corporate compliance program or to improve an existing one.

C. Whether the company is publicly traded.

D. Whether the company ultimately terminated the individual(s) involved.

E. None of the above.