Which disciplines are integrated into GRC?

Which disciplines are integrated into GRC?
A . Audit and Assurance
B . Governance and Oversight
C . Strategy and Performance Management
D . Quality and Conformance
E . Information Privacy and Security
F . Compliance and Ethics
G . Risk and Decision Support
H . All of these disciplines are integrated into GRC

View Answer

Answer: H

Explanation:

GRC (Governance, Risk, and Compliance) integrates multiple disciplines to create a cohesive approach to managing an organization’s overall governance, risk management, and compliance with regulations.

The integrated disciplines include:

Audit and Assurance: Ensuring internal controls are effective and compliance with laws and policies.

Governance and Oversight: Establishing frameworks and policies to guide the organization. Strategy and Performance Management: Aligning risk management and compliance with strategic objectives.

Quality and Conformance: Ensuring products/services meet regulatory and customer standards.

Information Privacy and Security: Protecting sensitive data and ensuring information security.

Compliance and Ethics: Adhering to legal requirements and promoting ethical behavior.

Risk and Decision Support: Identifying, assessing, and mitigating risks to support decision-making.

The integration of these disciplines ensures a comprehensive approach to managing risks and achieving organizational objectives.

Reference: OCEG GRC Capability Model (Red Book)

ISO 31000:2018 – Risk management C Guidelines

COSO Enterprise Risk Management C Integrating with Strategy and Performance