Certification Exam: AdvaMed Code of Ethics

Question 1 of 10

What is the role of a "Whistleblower Hotline" in a compliance program?

A) To allow for the reporting of unethical behavior without fear of retaliation B) To order supplies C) To talk to the CEO D) To report late coworkers

Question 2 of 10

What is the 2026 standard for "Business Meals"?

A) They are strictly prohibited B) They can be any price as long as the doctor is happy C) They must be modest, occasional, and in a setting conducive to business D) They can only be at fast-food restaurants

Question 3 of 10

In 2026, can a company pay an HCP for "passive attendance" at a meeting?

A) Yes, for educational purposes B) No, every dollar paid must correspond to a documented "Work Product" C) Only if they are a key customer D) Yes, if it's a long meeting

Question 4 of 10

What is "Fair Market Value" (FMV) in a consulting arrangement?

A) Free products in exchange for work B) Paying whatever the doctor asks for C) Compensation based on localized, data-driven benchmarks for expertise, not sales volume D) A percentage of the sales the doctor generates

Question 5 of 10

Which department should approve all charitable donations in a world-class company?

A) The CEO only B) The Compliance or Legal Department C) The Marketing Manager D) The Sales Team

Question 6 of 10

To whom must an educational grant be provided according to AdvaMed?

A) Directly to the individual HCP B) To the HCP's spouse C) To the local sales rep D) To the institution or third-party organization, never an individual

Question 7 of 10

What is the primary requirement for a Value-Based Care (VBC) risk-sharing contract?

A) It must be based on sales volume B) It must be a secret agreement C) It must be based on transparent, data-driven clinical outcomes D) It only applies to small hospitals

Question 8 of 10

In 2026, what is the policy regarding "Trinkets" like pens or mugs?

A) They are allowed if they have the logo B) They are strictly prohibited C) They are allowed if under $10 D) Only allowed for nurse stations

Question 9 of 10

Who is responsible for the ethical conduct of a "Channel Partner" (distributor)?

A) The government B) The parent Medical Technology company is legally and ethically liable C) No one is responsible D) Only the distributor

Question 10 of 10

What is the core philosophy of the 2026 AdvaMed Code?

A) Patient-Centricity: Decisions must be in the best interest of the patient B) Avoiding all contact with doctors C) Lowering production costs D) Maximizing sales volume