OCEG GRCP Exam Practice Test Instant Access

Question 1

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

AQuality, Productivity, Flexibility, and Durability

BAccuracy, Precision, Speed, and Stability

CEffectiveness, Efficiency, Responsiveness, and Resilience

DCompliance, Consistency, Adaptability, and Robustness

Answer : C

Question 2

In the Lines of Accountability Model, what is the role of the First Line?

AIndividuals and Teams who provide strategic direction and set organizational goals and objectives

BIndividuals and Teams who own and manage performance, risk, and compliance associated with day-to-day operational activities

CIndividuals and Teams who conduct audits and assessments to ensure compliance with regulations

DIndividuals and Teams who oversee the implementation of policies and procedures across the organization

Answer : B

Question 3

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

AAn organization must measure up to the Principled Performance definition to be a 'Principled Performer,' regardless of whether its objectives are subjectively perceived or preferred as 'Good' or 'Bad.'

BA 'Principled Performer' always pursues objectives that are considered 'Good' by society.

CThere is no difference: 'Good' and a 'Principled Performer' are synonymous.

DA 'Principled Performer' is an organization that donates a significant portion of its profits to charity.

Answer : A

Question 4

What is the primary purpose of assurance in an organization?

ATo ensure that the organization complies with all industry-specific regulations

BTo provide confidence to management, governing authorities, and stakeholders by objectively and competently evaluating subject matter

CTo facilitate communication and collaboration between different departments within the organization

DTo provide legal protection to the organization in case of disputes or litigation

Answer : B

Question 5

In the Maturity Model, which level indicates that practices are evaluated and managed with data-driven evidence?

ALevel 1 -- Initial

BLevel 2 -- Managed

CLevel 3 -- Consistent

DLevel 4 -- Measured

Answer : D

Question 6

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

ACompliance & Ethics

BSecurity & Continuity

CGovernance & Oversight

DAudit & Assurance

Answer : A

Question 7

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

AThe duality of compliance refers to the distinction between domestic and international regulations that an organization must follow.

BThe duality of compliance refers to the trade-off between investing in compliance measures and allocating resources to other business areas.

CThe duality of compliance involves addressing both compliance with obligations and compliance-related risks. Compliance involves meeting mandatory and voluntary obligations, while compliance-related risks involve addressing the risk of negative outcomes associated with non-compliance.

DThe duality of compliance refers to the balance between financial gains and ethical considerations in business decisions.

Answer : C

OCEG GRC Professional Certification GRCP Exam Practice Test