GET CERTIFIED BY OCEG GRCP EXAM TO IMPROVE YOUR PROFESSIONAL CAREER

Get Certified by OCEG GRCP Exam to Improve Your Professional Career

Get Certified by OCEG GRCP Exam to Improve Your Professional Career

Blog Article

Tags: Latest GRCP Exam Price, GRCP Reliable Test Labs, GRCP Free Study Material, GRCP Latest Dumps Ebook, Certification GRCP Dump

We have organized a group of professionals to revise GRCP preparation materials, according to the examination status and trend changes in the industry, tailor-made for the candidates. The simple and easy-to-understand language of GRCP guide torrent frees any learner from studying difficulties. In particular, our experts keep the GRCP real test the latest version, they check updates every day and send them to your e-mail in time, making sure that you know the latest news.

The product Free4Torrent provide with you is compiled by professionals elaborately and boosts varied versions which aimed to help you learn the pass your GRCP exam by the method which is convenient for you. We check the update every day, and we can guarantee that you will get a free update service from the date of purchase. Once you have any questions and doubts about our GRCP Exam Questions we will provide you with our customer service before or after the sale.

>> Latest GRCP Exam Price <<

100% Pass OCEG - GRCP - Updated Latest GRC Professional Certification Exam Exam Price

Our company always put the quality of the GRCP practice materials on top priority. In the past ten years, we have made many efforts to perfect our GRCP study materials. Our GRCP study questions cannot tolerate any small mistake. All staff has made great dedication to developing the GRCP Exam simulation. Our professional experts are devoting themselves on the compiling and updating the exam materials and our services are ready to guide you 24/7 when you have any question.

OCEG GRCP Exam Syllabus Topics:

TopicDetails
Topic 1
  • Align Component: This subsection covers aligning GRC practices with organizational objectives and regulatory requirements. A vital skill evaluated is the ability to integrate GRC processes into business operations effectively.
Topic 2
  • 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 3
  • 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.

OCEG GRC Professional Certification Exam Sample Questions (Q182-Q187):

NEW QUESTION # 182
How can an organization evaluate the adequacy of current levels of residual risk/reward and compliance?

  • A. The organization can evaluate adequacy by hiring an outside auditor to make an assessment.
  • B. The organization can use analysis criteria to evaluate the adequacy of current levels and determine if additional analysis is required.
  • C. The organization can evaluate adequacy by looking at the number of lawsuits and enforcement actions.
  • D. The organization can evaluate adequacy by removing controls and seeing if the levels change.

Answer: B

Explanation:
Organizations evaluate the adequacy ofresidual risk/reward and complianceby applying structuredanalysis criteriato determine whether current levels align with their objectives and risk appetite.
* Analysis Criteria:
* Specific benchmarks or standards are used to measure whether residual risks and compliance efforts meet organizational expectations.
* Criteria are based on factors like likelihood, impact, regulatory requirements, and strategic goals.
* Process:
* Evaluate current levels using established criteria.
* Identify gaps and determine if further analysis or additional controls are required.
* Why Other Options Are Incorrect:
* A: Lawsuits and enforcement actions are outcomes, not methods of evaluating adequacy.
* C: Removing controls introduces risks and is not a recommended evaluation method.
* D: While external auditors provide insights, adequacy evaluation starts internally with analysis criteria.
References:
* COSO ERM Framework: Provides guidance on evaluating residual risk and compliance adequacy.
* ISO 31000 (Risk Management): Recommends using criteria to assess and refine risk management practices.


NEW QUESTION # 183
Which Critical Discipline of the Protector Skillset includes skills to enhance stakeholder confidence and perform assessments?

  • A. Governance & Oversight
  • B. Security & Continuity
  • C. Audit & Assurance
  • D. Strategy & Performance

Answer: C

Explanation:
TheAudit & Assurancediscipline in the Protector Skillset focuses on assessing organizational activities, processes, and systems to enhancestakeholder confidenceby ensuring transparency, reliability, and compliance.
* Enhancing Stakeholder Confidence:
* By performing audits and assurance activities, organizations validate that processes are functioning as intended and aligned with objectives and regulations.
* This builds trust among stakeholders, including investors, customers, and regulators.
* Performing Assessments:
* Auditors evaluate internal controls, risk management processes, and compliance mechanisms to ensure effectiveness.
* Examples include financial audits, operational audits, and compliance audits.
References:
* IIA Standards: Focuses on internal auditing and assurance practices.
* COSO Framework: Provides guidance for assessing internal control systems.


NEW QUESTION # 184
Which organization and its membership created the concepts of Principled Performance and GRC?

  • A. ACFE (Association of Certified Fraud Examiners)
  • B. SCCE (Society of Corporate Compliance and Ethics)
  • C. IIA (Institute of Internal Auditors)
  • D. The Financial Accounting Standards Board (FASB)
  • E. IAPP (International Association of Privacy Professionals)
  • F. The International Organization for Standardization (ISO)
  • G. AICPA (American Institute of Certified Public Accountants)
  • H. ISACA (Information Systems Audit and Control Association)
  • I. IFAC (International Federation of Accountants)
  • J. The OCEG community of GRC Professionals
  • K. IMA (Institute of Management Accountants)

Answer: J

Explanation:
The concepts ofPrincipled PerformanceandGRC (Governance, Risk, and Compliance)were developed by theOCEG (Open Compliance and Ethics Group)community of GRC professionals.
* OCEG Overview:
* OCEG is a global, nonprofit think tank and community that pioneered the integration of governance, risk, and compliance practices under the GRC framework.
* It focuses on helping organizations achievePrincipled Performance, a concept that involves balancing objectives, managing uncertainties, and maintaining integrity.
* Principled Performance and GRC Development:
* OCEG introduced theGRC Capability Model, which serves as a comprehensive guide for aligning GRC practices with strategic goals.
* The model emphasizesreliable achievement of objectives, addressinguncertainty, and ensuring ethical behavior.
* Why Other Options are Incorrect:
* Organizations like ISACA, ISO, or IIA provide valuable standards or guidance in specific areas (e.g., auditing, information systems, etc.), but they did not create the overarching GRC and Principled Performance concepts.
References:
* OCEG Capability Model (Red Book): A detailed framework for implementing GRC practices.
* OCEG official resources on the history and mission of GRC and Principled Performance.


NEW QUESTION # 185
What type of activities are typically included in post-assessments?

  • A. Market research and customer surveys.
  • B. Employee performance evaluations and appraisals.
  • C. Lessons learned, root-cause analysis, after-action reviews, and other evaluative activities.
  • D. Financial audits and budget reviews.

Answer: C

Explanation:
Post-assessmentsinvolve evaluative activities that review events, processes, or projects to identify lessons learned and areas for improvement.
* Common Post-Assessment Activities:
* Lessons Learned: Captures insights to apply in future efforts.
* Root-Cause Analysis: Identifies underlying issues that contributed to outcomes.
* After-Action Reviews: Provides structured feedback on what went well and what could improve.
* Purpose:
* Ensures continuous improvement and refinement of strategies, processes, and capabilities.
* Promotes a culture of learning and adaptation.
* Why Other Options Are Incorrect:
* A: Financial audits focus on financial reporting, not post-assessment of processes or projects.
* B: Employee evaluations are personnel-focused, not process-focused.
* C: Market research is unrelated to post-assessment activities within organizational capabilities.
References:
* ISO 31000 (Risk Management): Recommends post-assessment activities for continuous improvement.
* COSO ERM Framework: Highlights lessons learned and root-cause analysis in post-event reviews.


NEW QUESTION # 186
Why is it important to design specific inquiry routines to detect unfavorable events?

  • A. To prevent the need for observations and conversations.
  • B. To avoid the need for technology-based inquiry methods.
  • C. To detect them as soon as possible.
  • D. To prioritize the discovery of favorable events.

Answer: C

Explanation:
Designing specific inquiry routines to detect unfavorable events is critical toidentifying and addressing them as soon as possible, minimizing potential harm and enabling timely corrective actions.
* Importance of Early Detection:
* Reduces the likelihood of escalation or further impact.
* Ensures compliance with regulatory and organizational requirements.
* Why Inquiry Routines Matter:
* Focused inquiry routines allow for systematic identification of risks or issues.
* Enhance organizational resilience and responsiveness.
* Why Other Options Are Incorrect:
* A: The focus is on unfavorable events, not favorable ones.
* B: Technology-based methods are an integral part of inquiry routines, not something to avoid.
* D: Observations and conversations are complementary to inquiry routines, not replaced by them.
References:
* ISO 31000 (Risk Management): Emphasizes proactive detection of risks and unfavorable events.
* OCEG GRC Capability Model: Discusses inquiry routines as part of a robust detection framework.


NEW QUESTION # 187
......

If you can get a certification, it will be help you a lot, for instance, it will help you get a more job and a better title in your company than before, and the GRCP certification will help you get a higher salary. We believe that our company has the ability to help you successfully pass your exam and get a GRCP certification by our GRCP exam torrent. We can promise that you would like to welcome this opportunity to kill two birds with one stone. If you choose our GRCP Test Questions as your study tool, you will be glad to study for your exam and develop self-discipline, our GRCP latest question adopt diversified teaching methods, and we can sure that you will have passion to learn by our products.

GRCP Reliable Test Labs: https://www.free4torrent.com/GRCP-braindumps-torrent.html

Report this page