Free OCEG GRCP Exam Dumps Questions & Answers

(Which of the following is the ultimate goal of Total Performance?)

• A.To achieve regulatory compliance and avoid penalties
• B.To maximize profits and increase shareholder value
• C.A balance of effectiveness, efficiency, responsiveness, and resilience
• D.To expand the organization's market share and customer base

What are some examples of action and control categories as described in the IACM?

• A.Random selection, trial and error, and reliance on intuition and experience
• B.Outsourcing, downsizing, and automation as the primary means of control
• C.Policy, process change, punishment, incentives, and employee education
• D.Policy, people, process, physical, informational, technological, and financial actions and controls

What are the two key factors that determine the level of assurance provided by an assurance provider?

• A.Assurance Transparency and Assurance Accountability
• B.Assurance Efficiency and Assurance Effectiveness
• C.Assurance Objectivity and Assurance Competence
• D.Assurance Consistency and Assurance Reliability

What is the difference between prescriptive norms and proscriptive norms?

• A.Prescriptive norms are related to financial performance, while proscriptive norms are related to ethical behavior.
• B.Prescriptive norms are optional guidelines, while proscriptive norms are mandatory rules.
• C.Prescriptive norms encourage behavior the group deems positive, while proscriptive norms discourage behavior the group deems negative.
• D.Prescriptive norms are established by government regulations, while proscriptive norms are established by industry standards.

What are the key measurement criteria for the REVIEW component?

• A.Revenue, Profit, Market Share, and Growth.
• B.Leadership, Collaboration, Innovation, and Diversity.
• C.Quality, Safety, Compliance, and Sustainability.
• D.Effective, Efficient, Agile, and Resilient.