GRCP Certification Exam Questions
and Answers17
Analyzing - ANSWERS-Breaking materials or concepts into parts, determining how the parts
relate to one another or how they interrelate, or how the parts relate to an overall structure
Evaluating - ANSWERS-Making judgments based on criteria and standards through checking and
critiquing
Creating - ANSWERS-Putting elements together to form a coherent or functional whole
Recognition Actions & Controls - ANSWERS-speed up the impact of opportunities after they
occur to maximize benefit and promote future occurrence
Monitoring - ANSWERS-Ongoing and periodic activities used to observe actions and controls to
gauge effectiveness, efficiency, responsiveness, and resilience.
Total Performance - ANSWERS-Evidence that an organization's actions and controls are effective
(Sound), efficient (Lean), responsive (Agile), and resilient (Antifragile).
Why do assurance? - ANSWERS-Promote stakeholder confidence
Fulfill regulatory responsibilities
Improve Principled Performance
,Subject Matter - ANSWERS-Identifiable statements, conditions, events, or activities for which
there is evidence
Suitable Criteria - ANSWERS-Benchmarks used to evaluate subject matter that yield consistent
and meaningful results
Evaluate - ANSWERS-The act of judging subject matter by comparing evidence against suitable
criteria.
VUCA - ANSWERS-volatile, uncertain, complex, ambiguous
Principled Performance - ANSWERS-reliably achieve objectives, address uncertainty, and act
with integrity
LEARN - ANSWERS-Who are we? Where are we? What might affect us? Who do we serve?
Examine and understand stakeholders, the external context, the internal context, and the
culture of the organization to make sense of reality and changes as they unfold
ALIGN - ANSWERS-Where are we going? What opportunities? What obstacles? What
obligations?
Define direction and objectives, and an approach to address opportunities, obstacles, and
obligations.
Direct the organization with a clear mission, vision, and values that guide overall goals and
strategies.
, PERFORM - ANSWERS-How proactive are we? How do we detect problems? How do we detect
progress?
Address opportunities, obstacles, and obligations by performing proactive, detective, and
responsive actions and controls to serve governance, management, and assurance needs.
REVIEW - ANSWERS-Is it working? How confident are we? How can we improve?
Governance - ANSWERS-externally directing, controlling, and evaluating an entity, process or
resource
- Constrain
- Conscribe
Management - ANSWERS-internally directing, controlling, and evaluating an entity, process or
resource
- Arrange
- Operate
Assurance - ANSWERS-objectively and competently evaluating subject matter to provide
justified conclusions and confidence that beliefs about the subject matter are true
- Evaluate
- Judge
and Answers17
Analyzing - ANSWERS-Breaking materials or concepts into parts, determining how the parts
relate to one another or how they interrelate, or how the parts relate to an overall structure
Evaluating - ANSWERS-Making judgments based on criteria and standards through checking and
critiquing
Creating - ANSWERS-Putting elements together to form a coherent or functional whole
Recognition Actions & Controls - ANSWERS-speed up the impact of opportunities after they
occur to maximize benefit and promote future occurrence
Monitoring - ANSWERS-Ongoing and periodic activities used to observe actions and controls to
gauge effectiveness, efficiency, responsiveness, and resilience.
Total Performance - ANSWERS-Evidence that an organization's actions and controls are effective
(Sound), efficient (Lean), responsive (Agile), and resilient (Antifragile).
Why do assurance? - ANSWERS-Promote stakeholder confidence
Fulfill regulatory responsibilities
Improve Principled Performance
,Subject Matter - ANSWERS-Identifiable statements, conditions, events, or activities for which
there is evidence
Suitable Criteria - ANSWERS-Benchmarks used to evaluate subject matter that yield consistent
and meaningful results
Evaluate - ANSWERS-The act of judging subject matter by comparing evidence against suitable
criteria.
VUCA - ANSWERS-volatile, uncertain, complex, ambiguous
Principled Performance - ANSWERS-reliably achieve objectives, address uncertainty, and act
with integrity
LEARN - ANSWERS-Who are we? Where are we? What might affect us? Who do we serve?
Examine and understand stakeholders, the external context, the internal context, and the
culture of the organization to make sense of reality and changes as they unfold
ALIGN - ANSWERS-Where are we going? What opportunities? What obstacles? What
obligations?
Define direction and objectives, and an approach to address opportunities, obstacles, and
obligations.
Direct the organization with a clear mission, vision, and values that guide overall goals and
strategies.
, PERFORM - ANSWERS-How proactive are we? How do we detect problems? How do we detect
progress?
Address opportunities, obstacles, and obligations by performing proactive, detective, and
responsive actions and controls to serve governance, management, and assurance needs.
REVIEW - ANSWERS-Is it working? How confident are we? How can we improve?
Governance - ANSWERS-externally directing, controlling, and evaluating an entity, process or
resource
- Constrain
- Conscribe
Management - ANSWERS-internally directing, controlling, and evaluating an entity, process or
resource
- Arrange
- Operate
Assurance - ANSWERS-objectively and competently evaluating subject matter to provide
justified conclusions and confidence that beliefs about the subject matter are true
- Evaluate
- Judge
