Check the Most Updated OCEG GRCP Exam Questions (V10.02) By Reading the GRCP Free Dumps (Part 1, Q1-Q40) Online

1. What does the initialism GRC stand for?

2. What is the essence or the central meaning of GRC?

3. What is the difference between an organization that is being "Good" and being a "Principled Performer"?

4. Which organization and its membership created the concepts of Principled Performance and GRC?

5. GRC Professionals, known as "Protectors," work to achieve a specific goal referred to as Principled Performance.

Which of the following best describes Principled Performance®?

6. Which Critical Discipline of the Protector Skillset includes skills to enhance stakeholder confidence and perform assessments?

7. Which Critical Discipline of the Protector Skillset includes skills to constrain activities and set direction?

8. Which Critical Discipline of the Protector Skillset includes skills to address obligations and shape an ethical culture?

9. In the context of the Maturity Model, what characterizes practices at Level I?

10. What are the four dimensions used to assess Total Performance in the GRC Capability Model?

11. How do GRC Professionals apply the concept of ‘maturity’ in the GRC Capability Model?

12. In the Lines of Accountability Model, what is the role of the Second Line?

13. What is the difference between reasonable assurance and limited assurance?

14. In the context of GRC, which is the best description of the role of assurance in an organization?

15. In the context of assurance activities, what does the term "assurance objectivity" refer to?

16. What are key compliance indicators (KCIs) associated with?

17. What does it mean for an organization to "reliably achieve objectives" as part of Principled Performance?

18. What is the difference between a mission and a vision?

19. In the context of GRC, what is the importance of aligning objectives throughout the organization?

20. What is the term used to describe the outcome or potential outcome of an event?

21. What is the term used to describe the measure of the negative effect of uncertainty on objectives?

22. What is the term used to describe the level of risk in the absence of actions and controls?

23. What is the design option that involves ceasing all activity or terminating sources that give rise to the opportunity, obstacle, or obligation?

24. What are beliefs, and how do they influence behavior within an organization?

25. What is the duality of compliance, and how does it relate to risk?

26. What are norms?

27. What is compliance, and how is it measured in an organization?

28. In the IACM, what is the role of Compound/Accelerate Actions & Controls?

29. In the IACM, what are the two types of Proactive Actions & Controls?

30. Which category of actions & controls in the IACM includes formal statements and rules about organizational intentions and expectations?

31. Which category of actions and controls in the IACM includes human factors such as structure, accountability, education, and enablement?

32. How does the IACM address unfavorable events related to obstacles?

33. What is the relationship between the internal context and the culture of an organization within the LEARN component?

34. How is the efficiency of the LEARN component measured in terms of the use of capital?

35. What are some examples of environmental factors that may influence an organization's external context?

36. What are some examples of technology factors that may influence an organization's external context?

37. What are some examples of economic factors that may influence an organization's external context?

38. How does the GRC Capability Model define the term "enterprise"?

39. Which of these would not trigger the reconsideration of internal factors within an organization?

40. What is the difference between an organization’s mission and vision?