What is the primary goal of a compliance risk assessment?

Prepare for the NHCAA Accredited Health Care Fraud Investigator Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Boost your readiness for the exam!

The primary goal of a compliance risk assessment is to identify potential compliance failures. This process involves systematically evaluating an organization's operations, processes, and controls to pinpoint areas where compliance risks may arise. By recognizing these potential failures, an organization can take proactive measures to mitigate risks and avoid legal and financial repercussions associated with non-compliance.

Identifying compliance risks can lead to better safeguarding of an organization’s assets, reputation, and ability to operate within legal parameters. This focus on compliance is critical in the healthcare sector, where regulations are stringent, and the consequences of non-compliance can be severe.

Other options, while important in their own rights, do not reflect the main focus of a compliance risk assessment. Employee productivity, financial performance, and marketing strategies, while valuable for an organization's overall success, do not address the central aim of ensuring adherence to applicable laws and regulations that define compliance.

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