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Compliance_Q3_Round 1

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Joan's brother-in-law is interviewing for a position at the company where she works. He's highly qualified but still asks for Joan's help preparing for the interview.

Which of the following is Joan's best response?

a)

Offer all the help she can; he is family after all

b)

Wish him the best of luck after explaining she can't get involved in the process

c)

Explain that she can offer him some help as long as it is done outside of work hours

d)

Tell him that the company has a policy of not recruiting relations of existing employees

2.

A local consultant has advised Sarah that in order to win an important government contract, Yara will need to contributing to a local charity run by a key official's spouse.

What advice would you give Sarah?

a)

If the charity seems legitimate, consult with the Line manager

b)

Seek advice from Yara's Ethics & Compliance department

c)

Assess if a different consultant should be used instead

d)

All the above

3.

In order to speed up permit process, Sarah is advised to give a small gratuity to the local official. What should Sarah do?

a)

Explain Yara's policy against bribery and hope the official understands

b)

Refer the problem to higher authority

c)

Plan ahead

d)

All the above

4.

Which of these scenarios is likely to indicate money laundering?

a)

A client prefers to conduct business remotely rather than face-to-face

b)

Accounts staff start monitoring funds received from clients are from credible sources

c)

Financial broker notices that his client deposits large funds every month with wide swings in his account balance

d)

None of the above

5.
Which of the following examples do you think may be considered confidential information?
a)
The names of a company's board of directors
b)
Company e-mail addresses
c)
Addresses of distribution centers
d)
New sales and marketing plans
6.

Nadya's supervisor asked her to record a large sale that occurred this month in last month's books to balance the account. What should Nadya do?

a)

Keep the information confidential

b)

Talk to her coworkers about it confidentially, and ask them what to do

c)

Contact the appropriate resources in the company to report the situation

d)

All the above

7.

You're at an industry trade show, informally talking with a competitor, when the conversation turns to pricing of their latest product. What should you do?

a)

Listen carefully, but don't say anything yourself

b)

Gather as much information as you can for Yara, since the individual is offering it willingly

c)

Politely end the conversation

d)

None of the above

8.

Which of the following is an appropriate way to gather information about a competitor?

a)

Asking information from a friend who works for competitor

b)

Eavesdropping a conversation between two employees from a competitor firm

c)

Attending trade shows to visit competitors' booths and obtain their brochures

d)

Asking the janitor of your building, who also cleans a competitor's building

9.

When a Yara cargo of fertilizer arrives at the port, the local customs official demands USD 50 in cash for paperwork processing and asks you to keep quiet about it. What actions should be taken?

a)

Ask the local customs official why they are requesting USD 50

b)

Try to convince the official that the fee is unnecessary and against Yara policy.

c)

Report the request to Ethics & Compliance.

d)

All the above

10.

In Siri's country, exchanging gifts is an important tradition on holidays and other occasions. She recently received a gift basket from a supplier valued above USD 75. What should Siri do?

a)

Inform the supplier of Yara's gift and hospitality policy

b)

Share the gift basket with colleagues at the office

c)

Report it on Yara's Gifts & Hospitality declaration form

d)

All the above