2017 World Omni Compliance Week Quiz

5 Questions | Total Attempts: 171

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2017 World Omni Compliance Week Quiz - Quiz

Once you have completed the 2017 Compliance Week Trivia Questions, please print your certificate and bring it with you to your location's fun event to receive your raffle ticket.


Questions and Answers
  • 1. 
    Approximately how much money has the CFPB secured in relief to consumers from their enforcement actions to date?
    • A. 

      $605.9 Million

    • B. 

      $1.5 Billion

    • C. 

      $11.9 Billion

    • D. 

      $90 Billion

  • 2. 
    Whether or not the CFPB mandated certain compliance requirements, WOFC policies and procedures already featured many of these required behaviors because of our customer centric focus.
    • A. 

      True

    • B. 

      False

  • 3. 
    How many "lines of defense" are there in our compliance management system?
    • A. 

      One

    • B. 

      Two

    • C. 

      Three

    • D. 

      Four

  • 4. 
    The Equal Credit Opportunity Act requires that credit decisions be based solely on:
    • A. 

      A. Income

    • B. 

      B. Ability to repay the obligation

    • C. 

      C. Creditworthiness

    • D. 

      Answers B & C

  • 5. 
    What does JM Family's Clear Desk / Clear Screen Policy require all associates to do (check all that apply)?
    • A. 

      Always lock your computer when stepping away from your desk.

    • B. 

      Lock file cabinets containing Sensitive Information only after 5:00 PM.

    • C. 

      Always remove Sensitive Information from your open work area anytime your work area cannot be monitored during the workday.

    • D. 

      Advise customers that their calls may be monitored.

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