GRCP exam

Which Critical Discipline of the Protector Skillset includes skills to enhance stakeholder confidence and perform assessments?A . Audit & AssuranceB . Security & ContinuityC . Governance & OversightD . Strategy & PerformanceView AnswerAnswer: A Explanation: The Audit & Assurance discipline in the Protector Skillset focuses on assessing organizational activities, processes,...

What are beliefs, and how do they influence behavior within an organization?A . Beliefs are ideas and assumptions held by individuals or groups, often shaped by experiences and perceptions, that influence behavior by informing the values and principles that guide actions and decisions.B . Beliefs are the organization’s commitments to...

Which category of actions & controls in the IACM includes formal statements and rules about organizational intentions and expectations?A . InformationB . PeopleC . TechnologyD . PolicyView AnswerAnswer: D Explanation: The Policy category in the IACM encompasses formal statements, rules, and guidelines that articulate the organization’s intentions and expectations. Role...

What is the term used to describe the outcome or potential outcome of an event?A . ConsequenceB . ImpactC . ConditionD . EffectView AnswerAnswer: A Explanation: The term Consequence refers to the outcome or potential outcome of an event, which can be positive, negative, or neutral. Definition: Consequences are the...

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 ....

How does the IACM address unfavorable events related to obstacles?A . By focusing on opportunitiesB . By decreasing the ultimate likelihood and impact of harmC . By implementing a flat organizational structureD . By conducting regular employee satisfaction surveysView AnswerAnswer: B Explanation: The Integrated Actions and Controls Model (IACM) addresses...

Which category of actions and controls in the IACM includes human factors such as structure, accountability, education, and enablement?A . TechnologyB . PolicyC . InformationD . PeopleView AnswerAnswer: D Explanation: The People category in the IACM addresses human factors critical for implementing and sustaining effective actions and controls. Human Factors:...

What is the duality of compliance, and how does it relate to risk?A . The duality of compliance refers to the distinction between domestic and international regulations that an organization must follow.B . The duality of compliance refers to the trade-off between investing in compliance measures and allocating resources to...

What does the initialism GRC stand for?A . Governing risk and complianceB . Governance, risk, and complianceC . Governance, risk, and controlsD . Government, regulation, and controlsView AnswerAnswer: B Explanation: GRC stands for Governance, Risk, and Compliance, a critical framework for organizations to ensure they operate ethically and effectively while...

How is the efficiency of the LEARN component measured in terms of the use of capital?A . By measuring changes in the organization's market share and competitive position.B . By evaluating the return on investment from undertaking LEARN activities.C . By assessing the efficiency of using financial, physical, human, and...