OMVIC Practice Test

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Dive into the OMVIC Practice Test and test your knowledge on laws, regulations, and ethical practices in the automotive industry. Perfect for aspiring dealers and salespersons to validate their expertise!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

In a large dealership, if the dealer's principal delegates responsibility for ensuring that salespersons are registered, to whom should this responsibility be delegated?

Compliance Officer
Finance Manager
General Manager
Sales Manager

The correct answer is: Compliance Officer

The responsibility for ensuring that salespersons are registered should be delegated to the Compliance Officer. This role is specifically designed to oversee adherence to laws, regulations, and internal policies, which includes ensuring that all sales personnel meet the necessary registration requirements. A Compliance Officer typically has a comprehensive understanding of industry standards and legal obligations, making them well-equipped to handle compliance-related tasks. While roles like the Finance Manager or General Manager play significant parts in dealership operations, they are not primarily focused on regulatory compliance. The Sales Manager, although directly involved in the sales team, may not possess the same breadth of knowledge about compliance mandates as a Compliance Officer. Delegating this responsibility to the Compliance Officer helps in maintaining accountability and ensuring that the dealership operates within the legal framework.