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OCEG GRC Professional Certification Exam Sample Questions (Q20-Q25):
NEW QUESTION # 20
Which statement is FALSE?
- A. Regardless of role, everyone in the organization should receive the same curriculum and the same education activities to ensure consistent understanding.
- B. The organization should have an education plan for each target population indicating what they should know about the GRC capability and their responsibilities for GRC activities.
- C. The organization should conduct a needs assessment to determine the training that will address high- risk situations and develop a training plan for each job or job family.
- D. The organization should identify legally mandated education, including who must be educated, the content required, the time required, and methods that may be used for each required course.
Answer: A
Explanation:
The statement"Regardless of role, everyone in the organization should receive the same curriculum and the same education activities to ensure consistent understanding"isFALSEbecause education plans must betailoredto the specific roles, responsibilities, and risks associated with different job functions.
* Why Tailored Education is Necessary:
* Different roles have distinct responsibilities and exposure to risks.
* A one-size-fits-all approach is inefficient and may not address critical role-specific needs.
* Why Other Statements are True:
* A: Education plans should address the specific GRC responsibilities of target populations.
* C: Needs assessments identify high-risk areas and ensure targeted training.
* D: Legal mandates often specify education requirements for compliance.
References:
* OCEG GRC Capability Model: Recommends role-specific training plans for effective GRC implementation.
* ISO 37301 (Compliance Management Systems): Highlights the importance of needs assessments and tailored training.
NEW QUESTION # 21
How can an organization evaluate the adequacy of current levels of residual risk/reward and compliance?
- A. The organization can use analysis criteria to evaluate the adequacy of current levels and determine if additional analysis is required.
- B. The organization can evaluate adequacy by hiring an outside auditor to make an assessment.
- C. The organization can evaluate adequacy by removing controls and seeing if the levels change.
- D. The organization can evaluate adequacy by looking at the number of lawsuits and enforcement actions.
Answer: A
NEW QUESTION # 22
Which Critical Discipline of the Protector Skillset includes skills to constrain activities and set direction?
- A. Governance & Oversight
- B. Audit & Assurance
- C. Compliance & Ethics
- D. Risk & Decisions
Answer: A
NEW QUESTION # 23
The difference between the current skill level and the target skill level is referred to as?
- A. Educational Needs
- B. Learning Objective
- C. Skill Gap
- D. Skill Set
Answer: C
NEW QUESTION # 24
What are some examples of economic incentives that can be used to encourage favorable conduct?
- A. Monetary compensation, bonuses, profit-sharing, and gain-sharing.
- B. Flexible work hours, remote work options, and casual dress codes.
- C. Employee training, mentorship programs, and skills development.
- D. Team-building activities, company retreats, and social events.
Answer: A
Explanation:
Economic incentivesincludefinancial rewardsdesigned to motivate employees and promote favorable conduct.
* Examples of Economic Incentives:
* Monetary Compensation: Pay increases tied to performance or achievements.
* Bonuses: Reward for meeting or exceeding specific goals.
* Profit-Sharing: Employees receive a share of the company's profits.
* Gain-Sharing: Rewards based on improved performance or productivity.
* Why Other Options Are Incorrect:
* B: These are examples of professional development, not economic incentives.
* C: These are examples of workplace flexibility, not direct financial incentives.
* D: These activities support team-building, not economic rewards.
References:
* Employee Motivation Models: Highlight financial incentives as a key motivator.
* OCEG GRC Capability Model: Recommends economic incentives to promote desired behaviors.
NEW QUESTION # 25
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