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Guide for GRCP: OCEG GRC Professional Certification

Quiz GRCP: OCEG GRC Professional Certification

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/ 10

Quiz

1/10
What does the initialism GRC stand for?
Select the answer
1 correct answer
A.
Governing risk and compliance
B.
Governance, risk, and compliance
C.
Governance, risk, and controls
D.
Government, regulation, and controls

Quiz

2/10
What is the essence or the central meaning of GRC?
Select the answer
1 correct answer
A.
A connected and integrated approach that provides a pathway to Principled Performance by overcoming VUCA and disconnection
B.
A system for monitoring and evaluating the performance of employees and teams
C.
A set of guidelines and regulations for corporate governance and ethical conduct
D.
A framework for managing financial risks and ensuring fiscal responsibility

Quiz

3/10
What is the difference between an organization that is being "Good" and being a "Principled
Performer"?
Select the answer
1 correct answer
A.
An 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."
B.
A "Principled Performer" always pursues objectives that are considered "Good" by society.
C.
There is no difference: "Good" and a "Principled Performer" are synonymous.
D.
A "Principled Performer" is an organization that donates a significant portion of its profits to charity.

Quiz

4/10
Which organization and its membership created the concepts of Principled Performance and GRC?
Select the answer
1 correct answer
A.
IAPP (International Association of Privacy Professionals)
B.
AICPA (American Institute of Certified Public Accountants)
C.
ISACA (Information Systems Audit and Control Association)
D.
IFAC (International Federation of Accountants)
E.
IMA (Institute of Management Accountants)
F.
SCCE (Society of Corporate Compliance and Ethics)
G.
ACFE (Association of Certified Fraud Examiners)
H.
The Financial Accounting Standards Board (FASB)
I.
IIA (Institute of Internal Auditors)
J.
The International Organization for Standardization (ISO) K. The OCEG community of GRC Professionals

Quiz

5/10
GRC Professionals, known as "Protectors," work to achieve a specific goal referred to as Principled
Performance. Which of the following best describes Principled Performance®?
Select the answer
1 correct answer
A.
To reliably achieve objectives, address uncertainty, and act with integrity – to produce and preserve value simultaneously.
B.
To maximize profits and minimize losses.
C.
To ensure compliance with all legal requirements.
D.
To eliminate all risks and uncertainties.

Quiz

6/10
Which Critical Discipline of the Protector Skillset includes skills to enhance stakeholder confidence
and perform assessments?
Select the answer
1 correct answer
A.
Audit & Assurance
B.
Security & Continuity
C.
Governance & Oversight
D.
Strategy & Performance

Quiz

7/10
Which Critical Discipline of the Protector Skillset includes skills to constrain activities and set
direction?
Select the answer
1 correct answer
A.
Audit & Assurance
B.
Governance & Oversight
C.
Risk & Decisions
D.
Compliance & Ethics

Quiz

8/10
Which Critical Discipline of the Protector Skillset includes skills to address obligations and shape an
ethical culture?
Select the answer
1 correct answer
A.
Compliance & Ethics
B.
Security & Continuity
C.
Governance & Oversight
D.
Audit & Assurance

Quiz

9/10
In the context of the Maturity Model, what characterizes practices at Level I?
Select the answer
1 correct answer
A.
Practices are improvised, ad hoc, and often chaotic.
B.
Practices are formally documented and consistently managed.
C.
Practices are measured and managed with data-driven evidence.
D.
Practices are consistently improved over time.

Quiz

10/10
What are the four dimensions used to assess Total Performance in the GRC Capability Model?
Select the answer
1 correct answer
A.
Quality, Productivity, Flexibility, and Durability
B.
Accuracy, Precision, Speed, and Stability
C.
Effectiveness, Efficiency, Responsiveness, and Resilience
D.
Compliance, Consistency, Adaptability, and Robustness
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  • Quiz name:GRCP: OCEG GRC Professional Certification
  • Total number of questions:271
  • Number of questions for the test:50
  • Pass score:80%

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