Free OCEG GRCP Exam Questions

Become OCEG Certified with updated GRCP exam questions and correct answers

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Total 251 Questions | Updated On: Oct 28, 2025

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Question 1

What does "Effectiveness" refer to when assessing Total Performance in the GRC Capability Model?

A : The ability of a program to ensure compliance with laws and regulations and avoid issues or incidents of noncompliance

B : The speed at which a program is implemented and executed with a good design that can be implemented in every department

C : The soundness and logical design of a program, its alignment with best practices, coverage of topical areas, and impact on intended business objectives

D : The cost savings achieved by implementing a GRC program

Answer: C

Question 2

Within an organization, what is the governing authority responsible for?

A : Directly managing the most critical aspects of the organization's operations to ensure they achieve established objectives

B : Designing every strategic plan that applies at any level of the organization

C : Negotiating contracts with all organization executives, as well as all suppliers and vendors

D : Balancing the competing needs of stakeholders to guide, constrain, and conscribe the organization to reliably achieve objectives, address uncertainty, and act with integrity

Answer: D

Question 3

What is the duality of compliance, and how does it relate to risk?

A : The duality of compliance refers to the distinction between domestic and international regulations that an organization must follow.

B : The duality of compliance refers to the trade-off between investing in compliance measures and allocating resources to other business areas.

C : The duality of compliance involves addressing both compliance with obligations and compliancerelated risks. Compliance involves meeting mandatory and voluntary obligations, while compliancerelated risks involve addressing the risk of negative outcomes associated with non-compliance.

D : The duality of compliance refers to the balance between financial gains and ethical considerations in business decisions.

Answer: C

Question 4

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

Question 5

What is the role of a values statement in an organization?

A : A values statement reflects the shared beliefs and expectations of the organization's leadership, employees, and stakeholders and serves as a guide for establishing a positive and productive organizational culture.

B : A values statement is a legal document that outlines the financial obligations and liabilities of the organization that contribute to its value.

C : A values statement is a formal agreement between the organization and its suppliers to ensure the timely delivery of goods and services that are essential to building the organization’s value.

D : A values statement is a marketing tool used to attract new customers and investors to the organization.

Answer: A

Page: 1 / 51

Total 251 Questions | Updated On: Oct 28, 2025

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