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GRCP Exam Dumps - OCEG GRC Certification Questions and Answers

Question # 4

How can organizations encourage the occurrence of positive events while preventing negative ones?

Options:

A.

Through implementing proactive actions and controls

B.

Through employee training and follow-up

C.

Through using financial actions and controls

D.

Through relying on responsive actions and controls

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Question # 5

What is the importance of tracking attendance and assessments?

Options:

A.

To have evidence for defense in enforcement actions

B.

To know which employees need discipline for not attending

C.

To define the learning objectives for the workforce

D.

To provide evidence of "best efforts" and ensure that knowledge is transferred

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Question # 6

What are the four aspects of Total Performance that should be considered in monitoring activities?

Options:

A.

Effective (Sound), Efficient (Lean), Responsive (Agile), Resilient (Antifragile)

B.

Revenue, Profit, Market Share, Growth

C.

Quality, Quantity, Timeliness, Accuracy

D.

Leadership, Communication, Collaboration, Innovation

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Question # 7

Which aspect of culture includes workforce satisfaction, loyalty, turnover rates, skill development, and engagement?

Options:

A.

Compliance and ethics culture

B.

Performance culture

C.

Workforce culture

D.

Governance culture

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Question # 8

Why is it important to design specific inquiry routines to detect unfavorable events?

Options:

A.

To prioritize the discovery of favorable events.

B.

To avoid the need for technology-based inquiry methods.

C.

To detect them as soon as possible.

D.

To prevent the need for observations and conversations.

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Question # 9

What is the difference between a mission and a vision?

Options:

A.

The mission states the organization’s purpose and direction, while the vision is an aspirational objective that states what the organization aspires to be.

B.

The mission is determined by external stakeholders, while the vision is determined by internal stakeholders.

C.

The mission is a short-term financial goal, while the vision is a long-term non-financial goal.

D.

The mission is what a for-profit organization should have, while the vision is for non-profit organizations.

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Question # 10

What is the significance of a vision statement in inspiring and motivating employees, stakeholders, and customers?

Options:

A.

It specifies the organization's views on ethical issues facing it.

B.

It describes what the organization aspires to be and why it matters, serving as a guidepost for long-term strategic planning and inspiring and motivating employees, stakeholders, and customers.

C.

It details the organization's sales targets and revenue projections to motivate employees to work hard and meet those goals.

D.

It outlines the organization's succession planning and leadership development.

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Question # 11

How does Benchmarking contribute to the improvement of a capability?

Options:

A.

By identifying potential legal and regulatory issues.

B.

By comparing the capability's performance to industry standards or best practices.

C.

By assessing the impact of organizational culture.

D.

By evaluating the effectiveness of risk management campaigns.

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Question # 12

In the IACM, what is the role of Governance Actions & Controls?

Options:

A.

To assist the governing authority in constraining and constraining the organization

B.

To develop and implement innovative business strategies

C.

To engage with stakeholders and address their concerns

D.

To monitor and evaluate the performance of suppliers and vendors

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Question # 13

How does the GRC Capability Model define the term "enterprise"?

Options:

A.

The enterprise is the most superior unit that encompasses the entirety of the organization.

B.

The enterprise refers to the organization's sales and distribution channels.

C.

The enterprise refers to the organization's information technology infrastructure and systems.

D.

The enterprise refers to a starship that boldly goes where no man has gone before.

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Exam Code: GRCP
Exam Name: GRC Professional Certification Exam
Last Update: Jul 5, 2025
Questions: 249
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