Regulatory Compliance & Law Flashcards
6 cards from real CAP practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 Regulatory Compliance & Law flashcards as text
What is the foundation of professional ethics in Certified Philanthropic Advisor?
Answer: Acting with integrity, honesty, and accountability
Professional ethics are built on principles of integrity, honesty, and accountability, which guide practitioners in making responsible decisions.
In Certified Philanthropic Advisor practice, what should a professional do when facing a conflict of interest?
Answer: Disclose the conflict and recuse if necessary
Disclosing conflicts of interest maintains transparency and trust, allowing appropriate action to be taken to prevent bias.
Which of the following best describes confidentiality in Certified Philanthropic Advisor?
Answer: Protecting sensitive information from unauthorized disclosure
Confidentiality involves protecting sensitive information and only sharing it with authorized parties who need it.
What is the role of a code of conduct in Certified Philanthropic Advisor practice?
Answer: It establishes expected behavioral and professional standards
A code of conduct sets clear expectations for professional behavior, guiding practitioners in their daily activities and decisions.
When a Certified Philanthropic Advisor professional discovers a regulatory violation, what is the appropriate action?
Answer: Report it through proper channels immediately
Regulatory violations must be reported through proper channels to prevent harm and maintain compliance with established standards.
What does informed consent require in Certified Philanthropic Advisor practice?
Answer: Full disclosure of relevant information before obtaining agreement
Informed consent requires that all relevant information be provided so the individual can make a knowledgeable and voluntary decision.