OCEG GRCP GRC Professional Certification Exam Online Training
OCEG GRCP Online Training
The questions for GRCP were last updated at Feb 22,2025.
- Exam Code: GRCP
- Exam Name: GRC Professional Certification Exam
- Certification Provider: OCEG
- Latest update: Feb 22,2025
What does the initialism GRC stand for?
- A . Governing risk and compliance
- B . Governance, risk, and compliance
- C . Governance, risk, and controls
- D . Government, regulation, and controls
What is the essence or the central meaning of GRC?
- 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
What is the difference between an organization that is being "Good" and being a "Principled Performer"?
- 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.
Which organization and its membership created the concepts of Principled Performance and GRC?
- 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
GRC Professionals, known as "Protectors," work to achieve a specific goal referred to as Principled Performance.
Which of the following best describes Principled Performance®?
- A . To reliably achieve objectives, address uncertainty, and act with integrity C 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.
Which Critical Discipline of the Protector Skillset includes skills to enhance stakeholder confidence and perform assessments?
- A . Audit & Assurance
- B . Security & Continuity
- C . Governance & Oversight
- D . Strategy & Performance
Which Critical Discipline of the Protector Skillset includes skills to constrain activities and set direction?
- A . Audit & Assurance
- B . Governance & Oversight
- C . Risk & Decisions
- D . Compliance & Ethics
Which Critical Discipline of the Protector Skillset includes skills to address obligations and shape an ethical culture?
- A . Compliance & Ethics
- B . Security & Continuity
- C . Governance & Oversight
- D . Audit & Assurance
In the context of the Maturity Model, what characterizes practices at Level I?
- 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.
What are the four dimensions used to assess Total Performance in the GRC Capability Model?
- A . Quality, Productivity, Flexibility, and Durability
- B . Accuracy, Precision, Speed, and Stability
- C . Effectiveness, Efficiency, Responsiveness, and Resilience
- D . Compliance, Consistency, Adaptability, and Robustness