Free PDF 2025 OCEG Fantastic GRCP: GRC Professional Certification Exam Reliable Test Forum
Free PDF 2025 OCEG Fantastic GRCP: GRC Professional Certification Exam Reliable Test Forum
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Tags: GRCP Reliable Test Forum, GRCP Exam Tutorial, Test GRCP Questions, New GRCP Exam Pass4sure, GRCP Exam Demo
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OCEG GRCP Exam Syllabus Topics:
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Once downloaded from the website, you can easily study from the GRC Professional Certification Exam exam questions compiled by our highly experienced professionals as directed by the OCEG GRCP exam syllabus. The OCEG GRCP Dumps are given regular update checks in case of any update. We make sure that candidates are not preparing for the GRC Professional Certification Exam exam from outdated and unreliable GRCP study material.
OCEG GRC Professional Certification Exam Sample Questions (Q93-Q98):
NEW QUESTION # 93
A self-legitimizing person, group, or other entity with a direct or indirect invested interest in an organization's actions because of the perceived or actual impact is referred to as?
- A. Shareholder
- B. Executive Team
- C. Customer
- D. Stakeholder
Answer: D
Explanation:
Astakeholderis any person, group, or entity that has an interest in or is affected by an organization's actions, decisions, or performance. Stakeholders can be internal or external and have direct or indirect involvement based on their relationship with the organization.
Key Characteristics of Stakeholders:
* Self-Legitimizing:
* Stakeholders gain legitimacy by being impacted by or having an interest in the organization's operations.
* For example, employees are directly affected by organizational decisions, while customers and regulators have indirect impacts.
* Broad Categories:
* Internal stakeholders: Employees, management, shareholders.
* External stakeholders: Customers, suppliers, regulators, communities.
* Interest in Impact:
* Stakeholders are concerned with how the organization's actions affect them, such as financial performance for shareholders, product quality for customers, or ethical compliance for regulators.
Why Option B is Correct:
The description aligns precisely with astakeholder, who has a vested interest in the organization due to actual or perceived impacts.
Why the Other Options Are Incorrect:
* A. Shareholder: A shareholder owns equity in the company and is a subset of stakeholders. Not all stakeholders are shareholders.
* C. Executive Team: This refers to organizational leadership and is not synonymous with the broader definition of stakeholders.
* D. Customer: Customers are one type of stakeholder, but not all stakeholders are customers.
References and Resources:
* ISO 26000:2010- Guidance on Social Responsibility and stakeholder identification.
* COSO ERM Framework- Discusses stakeholder relationships in enterprise risk management.
* OECD Principles of Corporate Governance- Highlights the role of stakeholders ingovernance and accountability.
NEW QUESTION # 94
What are leading indicators and lagging indicators?
- A. Leading indicators provide information about future events or conditions, while lagging indicators provide information about past events or conditions.
- B. Leading indicators are types of input from leaders in each unit of the organization, while lagging indicators are views provided by departing employees during exit interviews.
- C. Leading indicators are financial metrics, while lagging indicators are non-financial metrics.
- D. Leading indicators are qualitative measures, while lagging indicators are quantitative measures.
Answer: A
Explanation:
Leading indicatorsandlagging indicatorsare performance measurement tools used to assessorganizational progress and outcomes.
* Leading Indicators:
* Provide information aboutfuture events or conditions.
* Help predict trends and allow proactive adjustments.
* Example: Employee training completion rates predicting future performance improvements.
* Lagging Indicators:
* Reflectpast events or conditions.
* Measure results and outcomes after processes are completed.
* Example: Customer satisfaction scores based on previous interactions.
* Why Other Options Are Incorrect:
* A: Not related to leadership input or exit interviews.
* B: Leading and lagging indicators can encompass both financial and non-financial metrics.
* C: Both types of indicators may include quantitative and qualitative measures.
References:
* Balanced Scorecard Framework: Highlights the use of leading and lagging indicators in performance measurement.
* OCEG GRC Capability Model: Discusses indicators for tracking progress.
NEW QUESTION # 95
Which trait of the Protector Mindset involves acting deliberately in advance to reduce the risk of being caught off guard?
- A. Versatile
- B. Proactive
- C. Assertive
- D. Collaborative
Answer: B
Explanation:
The Proactive trait in the Protector Mindset is essential for identifying potential risks and mitigating them before they escalate into significant issues. This involves anticipating challenges, planning responses, and taking preventive measures to ensure organizational resilience.
Acting Deliberately in Advance:
Identifying emerging risks using tools like risk heatmaps and threat intelligence.
Developing risk mitigation plans aligned with frameworks like NIST RMF (Risk Management Framework).
Reducing Risk of Being Caught Off Guard:
Conducting regular audits and assessments to uncover vulnerabilities.
Leveraging scenario planning and tabletop exercises to prepare for potential incidents.
Relevant Frameworks and Guidelines:
NIST SP 800-39 (Managing Information Security Risk): Encourages proactive risk management to avoid unforeseen incidents.
ISO/IEC 27001 (Information Security Management): Stresses proactive planning to ensure information security controls are in place.
In conclusion, the Proactive trait underscores the importance of foresight and preparation in ensuring that organizations remain agile and ready to address risks effectively.
NEW QUESTION # 96
How do GRC Professionals apply the concept of 'maturity' in the GRC Capability Model?
- A. GRC Professionals use maturity to evaluate the performance of individual employees.
- B. GRC Professionals apply maturity only to the highest level of the GRC Capability Model.
- C. GRC Professionals use maturity to determine the budget allocation for GRC programs.
- D. GRC Professionals apply maturity at all levels of the GRC Capability Model to assesspreparedness to perform practices and support continuous improvement.
Answer: D
Explanation:
The concept ofmaturityin the GRC Capability Model is applied across all levels to:
* Assess Preparedness:
* Maturity levels indicate the organization's capability to effectively manage GRC processes.
* Lower levels indicate ad hoc or chaotic processes, while higher levels reflect integration and optimization.
* Support Continuous Improvement:
* Organizations use maturity models to identify gaps and develop plans for improvement.
* Continuous monitoring and progression through maturity levels ensure sustained growth and efficiency.
* Broad Application:
* Maturity is applied across the entire organization and its processes rather than focusing solely on specific individuals or programs.
Why Other Options are Incorrect:
* A: Maturity applies to all levels, not just the highest.
* C: Maturity is not used to evaluate individual performance; it is applied to processes and systems.
* D: Budget allocation is not directly tied to maturity evaluation but may be influenced by its findings.
References:
* CMMI and OCEG GRC Capability Model: Both outline maturity as a mechanism for evaluating and improving organizational processes.
* ISO 9001: Reinforces the use of maturity levels to drive quality and continuous improvement.
NEW QUESTION # 97
In the IACM, what are the two types of Proactive Actions & Controls?
- A. Centralized Actions & Controls and Decentralized Actions & Controls
- B. Quantitative Actions & Controls and Qualitative Actions & Controls
- C. Prevent/Deter Actions & Controls and Promote/Enable Actions & Controls
- D. Reactive Actions & Controls and Passive Actions & Controls
Answer: C
Explanation:
The two types of Proactive Actions & Controls in the IACM are:
Prevent/Deter Actions & Controls:
Focus on avoiding unfavorable events and reducing risks before they occur.
Example: Implementing security protocols to deter cyberattacks.
Promote/Enable Actions & Controls:
Facilitate the realization of opportunities and favorable outcomes.
Example: Employee training programs to improve productivity.
Why Other Options Are Incorrect:
A: Reactive and passive actions are not proactive by definition.
C: Centralization/decentralization pertains to organizational structure.
D: Quantitative and qualitative are methods, not categories of controls.
Reference:
OCEG IACM Framework: Details types of proactive controls for risk and opportunity management.
NEW QUESTION # 98
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