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Top GRCP Study Material | High Pass-Rate OCEG GRCP Test Torrent: GRC Professiona
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OCEG GRCP Exam Syllabus Topics:| Topic | Details | | Topic 1 | - Perform Component: This subsection emphasizes executing GRC activities and implementing controls to manage risks effectively. A key skill assessed is the ability to perform risk assessments and implement necessary actions.
| | Topic 2 | - Learn Component: This subsection focuses on the learning aspect of the GRC Capability Model, emphasizing foundational knowledge necessary for effective governance practices. A key skill assessed is understanding basic GRC principles to support strategic initiatives.
| | Topic 3 | - Review Component: This subsection focuses on reviewing and evaluating GRC practices to ensure continuous improvement. A critical skill evaluated is conducting audits and assessments to identify areas for enhancement in governance practices.
| | Topic 4 | - GRC Capability Model Details: This section of the exam measures the skills of GRC Strategy Makers and covers detailed components of the GRC Capability Model. It includes understanding various elements and practices, key actions, and controls necessary for effective governance, risk management, and compliance.
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OCEG GRC Professional Certification Exam Sample Questions (Q242-Q247):NEW QUESTION # 242
Which aspect of culture includes workforce satisfaction, loyalty, turnover rates, skill development, and engagement?
- A. Workforce culture
- B. Compliance and ethics culture
- C. Performance culture
- D. Governance culture
Answer: A
Explanation:
Workforce culture focuses on the attitudes, satisfaction levels, and overall engagement of employees, which directly impact turnover, loyalty, and skill development.
Key Elements of Workforce Culture:
Satisfaction and Loyalty: High levels of satisfaction lead to better retention and loyalty.
Turnover Rates: An engaged workforce typically exhibits lower turnover.
Skill Development: A strong workforce culture fosters continuous learning and growth.
Engagement: A critical driver of productivity and organizational success.
Why Other Options Are Incorrect:
A: Compliance and ethics culture focuses on adherence to legal, regulatory, and ethical standards.
B: Performance culture is centered on achieving organizational objectives and goals.
D: Governance culture pertains to oversight and decision-making structures.
Reference:
Employee Engagement Studies: Discuss workforce culture's impact on satisfaction and retention.
OCEG GRC Capability Model: Highlights the importance of workforce culture in achieving objectives.
NEW QUESTION # 243
What type of activities are typically included in post-assessments?
- A. Financial audits and budget reviews.
- B. Market research and customer surveys.
- C. Lessons learned, root-cause analysis, after-action reviews, and other evaluative activities.
- D. Employee performance evaluations and appraisals.
Answer: C
NEW QUESTION # 244
How can inquiry be conceptualized in terms of information-gathering mechanisms?
- A. As a "pulling" mechanism where individuals pull information from people and systems for follow-up and action.
- B. As a "pushing" mechanism where individuals push information to external sources.
- C. As a mechanism that relies solely on technology-based tools.
- D. As a centralized process managed by a single department.
Answer: A
Explanation:
Inquiry can be conceptualized as a"pulling" mechanism, where individuals actively gather information from systems, data sources, and people to identify issues and enable appropriate follow-up actions.
* Key Features of Inquiry:
* It involves actively seeking or "pulling" information.
* Used to uncover relevant details that inform decisions, investigations, or corrective actions.
* Why Other Options Are Incorrect:
* A: A "pushing" mechanism refers to sending or broadcasting information, not inquiry.
* C: Inquiry is not limited to technology-based tools; it also involves human interactions and other methods.
* D: Inquiry can be decentralized and conducted by various roles, not just a single department.
References:
* OCEG GRC Capability Model: Describes inquiry as a key method for gathering actionable information.
* ISO 31000 (Risk Management): Highlights the role of inquiry in identifying risks and opportunities.
NEW QUESTION # 245
(What is the Integrated Action & Control Model (IACM) designed to provide?)
- A. The IACM is designed to provide a financial model for maximizing profits while addressing risk and compliance considerations
- B. The IACM provides a comprehensive model to consider the full range actions and controls used for the governance, management, and assurance of performance, risk, and compliance
- C. The IACM is designed to provide a method for deciding whether to outsource responsibility for some or all governance, management, and assurance activities
- D. The IACM is designed to provide a framework for eliminating all risks and achieving perfect compliance
Answer: B
Explanation:
The Integrated Action & Control Model (IACM) is intended to help organizations view GRC as an integrated system of actions and controls applied across governance, management, and assurance to achieve objectives, address uncertainty, and meet obligations. Option D matches this purpose: the model provides a comprehensive way to consider the full range of actions and controls that support performance, risk management, and compliance, and how these fit together across organizational levels. This is consistent with modern GRC thinking that emphasizes integration (avoiding siloed risk, compliance, security, and audit activities) and ensuring that controls are right-sized to the organization's context and risk profile. Options A, B, and C misstate the intent: it is not primarily a profit-maximization financial model (A), not an outsourcing decision tool (B), and it does not promise "perfect compliance" or elimination of all risk (C)-which is neither realistic nor aligned with risk-based governance.
NEW QUESTION # 246
What is the importance of mapping objectives to one another within an organization?
- A. Mapping objectives not only at the enterprise level but also across all units is important for creating a visual representation of the organization's hierarchy and reporting structure
- B. Mapping objectives not only at the enterprise level but also across all units shows how they impact one another and how resources may be best allocated
- C. Mapping objectives not only at the enterprise level but also across all units is important for identifying redundant objectives and eliminating them from the organization's strategic plan
- D. Mapping objectives not only at the enterprise level but also across all units is important for determining the compensation and bonuses of employees based on their contributions to achieving objectives
Answer: B
NEW QUESTION # 247
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