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: Dec 16, 2025

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Question 1

What is the difference between prescriptive norms and proscriptive norms?

A : Prescriptive norms are optional guidelines, while proscriptive norms are mandatory rules.

B : Prescriptive norms are related to financial performance, while proscriptive norms are related to ethical behavior.

C : Prescriptive norms are established by government regulations, while proscriptive norms are established by industry standards.

D : Prescriptive norms encourage behavior the group deems positive, while proscriptive norms discourage behavior the group deems negative.

Answer: D

Question 2

What are some considerations to keep in mind when attempting to influence an organization’s culture?

A : Culture change requires long-term commitment, consistent modeling in both words and deeds, and reinforcement by leaders and the workforce.

B : Culture change is not necessary as long as the organization is meeting its financial targets.

C : Culture change can be achieved quickly through the implementation of new policies and procedures if there is adequate training provided.

D : Culture change is solely dependent on the decisions made by the executive leadership team and how they model desired behavior.

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 difference between prescriptive norms and proscriptive norms?

A : Prescriptive norms are optional guidelines, while proscriptive norms are mandatory rules.

B : Prescriptive norms are related to financial performance, while proscriptive norms are related to ethical behavior.

C : Prescriptive norms are established by government regulations, while proscriptive norms are established by industry standards.

D : Prescriptive norms encourage behavior the group deems positive, while proscriptive norms discourage behavior the group deems negative.

Answer: D

Question 5

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

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Total 251 Questions | Updated On: Dec 16, 2025

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