GRCP PRACTICE EXAM QUESTIONS
AND ANSWERS 100% PASS
Principled Performance represents achievement of - ANS the most critical objectives that an
organization chooses to pursue whilst employing an effective, efficient and responsive
approach to governance, risk management and compliance that supports those objectives
An integrated approach to GRC involves - ANS applying a common vocabulary, approach and
technology infrastructure to GRC processes.
Which is the best description of a Risk Management Action Plan? - ANS A document that sets
out the strategy, structures, processes, activities and resources to appropriately manage the
organization's risks to reduce or avoid adverse effects and grasp opportunities
A threat is - ANS an event or condition that has, on balance, an undesirable effect on
achieving objectives
Which of the following would NOT be appropriate when monitoring external context? -
ANS having only one source of information about each item being monitored
Why do you need to analyze the current and planned approaches to addressing opportunities,
threats and requirements? - ANS To be able to determine if the inherent, actual and planned
residual levels of risk, reward and conformance are acceptable