Free Practice OCEG GRCP Exam Questions 2025

Stay ahead with 100% Free GRC Professional Certification GRCP Dumps Practice Questions

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Total 157 Questions | Updated On: Jun 03, 2025

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Question 1

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

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.

Answer: B

Question 2

Which Critical Discipline of the Protector Skillset includes skills to address obligations and shape an ethical culture?

A : Compliance & Ethics

B : Security & Continuity

C : Governance & Oversight

D : Audit & Assurance

Answer: A

Question 3

What is the difference between reasonable assurance and limited assurance?

A : Reasonable assurance is provided by external auditors as part of a financial audit and indicates conformity to suitable criteria and freedom from material error, while limited assurance results from reviews, compilations, and other activities performed by competent personnel who are sufficiently objective about the subject matter.

B : Reasonable assurance is provided by internal auditors as part of a risk assessment, while limited assurance results from external audits and regulatory examinations.

C : Reasonable assurance is provided by the Board of Directors as part of governance activities, while limited assurance results from employee self-assessments.

D : Reasonable assurance is provided by management as part of strategic planning, while limited assurance results from operational reviews and performance evaluations.

Answer: A

Question 4

What is the role of the mission statement in guiding decision-making and priority-setting within an organization?

A : It outlines the organization’s budget and financial goals which must be considered in every type of decision

B : It describes the organization’s product development plans that must be considered when making decisions and setting priorities

C : It serves as a clear and consistent statement of the organization’s overall purpose and direction, guiding decision-making and priority-setting

D : It defines the roles and responsibilities of each department

Answer: C

Question 5

Which Critical Discipline of the Protector Skillset includes skills to constrain activities and set direction?

A : Audit & Assurance

B : Governance & Oversight

C : Risk & Decisions

D : Compliance & Ethics

Answer: B

Page: 1 / 32

Total 157 Questions | Updated On: Jun 03, 2025

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