Question # 1
Follow-up on the implementation status of the recommendation based on high priority, due or overdue items or time-sensitive items is known as:
| A. Follow-Up by Process Owner
| B. Follow-Up by Independent Assurance
| C. Follow-Up by Targeted Review
|
C. Follow-Up by Targeted Review
Explanation:
Follow-up on the implementation status of recommendations based on high priority, due or overdue items, or time-sensitive items is known as Follow-Up by Targeted Review. This approach focuses on areas that are of critical importance or where timely implementation is essential. It helps ensure that the most significant risks are addressed promptly and that any delays in addressing recommendations are identified and managed.
References:
IIA Standards for the Professional Practice of Internal Auditing
COSO Internal Control – Integrated Framework
Question # 2
What are the dimensions of TOTAL Performance?
| A. Effectiveness, Efficiency and Reponsiveness
| B. Agility, Efficiency and Effectiveness
| C. Effectiveness, Resiliency, and Agility
|
C. Effectiveness, Resiliency, and Agility
Explanation:
The dimensions of TOTAL Performance are Effectiveness, Resiliency, and Agility. Effectiveness refers to achieving the desired outcomes. Resiliency is the ability to recover from setbacks and continue operations. Agility is the capacity to adapt quickly to changes and new opportunities. These three dimensions collectively ensure that an organization can perform well under various conditions and sustain its success over time.
References:
ISO 9001:2015 - Quality management systems – Requirements
COSO Enterprise Risk Management – Integrating with Strategy and Performance
Question # 3
When planning an Assessment, it is important to
| A. INCLUDE the personnel who perform the work being assessed. They will help to inform Assessment staff and help to adjust parameters if necessary.
| B. NOT include the personnel who perform the work being assessed. They will pollute the process.
|
A. INCLUDE the personnel who perform the work being assessed. They will help to inform Assessment staff and help to adjust parameters if necessary.
Explanation:
Including the personnel who perform the work being assessed in the planning process is important because they possess valuable insights and knowledge about the processes and controls in place. Their involvement helps to ensure that the assessment is accurately scoped and relevant parameters are set. They can provide context and clarify operational details, contributing to a more effective and targeted assessment. Moreover, their engagement can foster a cooperativeenvironment and facilitate smoother assessment execution.
References:
ISO 19011:2018 - Guidelines for auditing management systems
COSO Internal Control – Integrated Framework
Question # 4
Assessments should be selected based on
| A. What the latest research reports says
| B. How objectives connect and prioritize the risk universe and assessment universe
| C. Personal opinion
|
B. How objectives connect and prioritize the risk universe and assessment universe
Explanation:
Assessments should be selected based on how objectives connect and prioritize the risk universe and assessment universe. This approach ensures that the assessments are aligned with the organization's strategic goals and that the most significant risks are addressed. It involves understanding the organization's risk landscape and prioritizing assessments that focus on theareas of highest impact and relevance to achieving objectives.
References:
ISO 31000:2018 - Risk management – Guidelines
COSO Enterprise Risk Management – Integrating with Strategy and Performance
Question # 5
If (Inherent Risk x Control Risk) is low
| A. We should perform extra testing
| B. We may consider performing less testing
|
B. We may consider performing less testing
Explanation:
If the inherent risk and control risk are both low, we may consider performing less testing. Inherent risk refers to the risk of an event occurring without considering any controls, while control risk is the risk that controls will not prevent or detect the event. When both risks are low, it indicates that the likelihood of issues occurring and not being detected is minimal, allowing for a reduced level of testing. This approach helps in efficiently allocating resources while maintaining a reasonable level of assurance.
References:
AICPA Auditing Standards
ISO 31000:2018 - Risk management – Guidelines
Question # 6
When writing a complete recommendation it is important to include
| A. Recommendation with suggested or mandatory requirements to comply with to fix the problem
| B. General comments about how to fix the problem
|
A. Recommendation with suggested or mandatory requirements to comply with to fix the problem
Explanation:
When writing a complete recommendation, it is important to include specific suggestions or mandatory requirements to comply with in order to fix the problem. This ensures that the recommendation is actionable and provides clear guidance on what needs to be done to address the issue. General comments may not provide enough detail or direction for effective implementation. Clear, detailed recommendations help organizations understand the necessary steps to mitigate risks and improve controls.
References:
ISO 19011:2018 - Guidelines for auditing management systems
COSO Internal Control – Integrated Framework
Question # 7
Achieving Principled Performance means to:
| A. Be an ethical performer
| B. Reliably achieve objectives, address uncertainty and act with integrity
| C. Recycle
|
B. Reliably achieve objectives, address uncertainty and act with integrity
Explanation:
Achieving principled performance means reliably achieving objectives, addressing uncertainty, and acting with integrity. This concept integrates the management of performance, risk, and compliance to ensure that an organization not only meets its goals but does so ethically and sustainably. It involves creating a culture of accountability, transparency, and ethical behavior while systematically managing risks and ensuring compliance with relevant regulations and standards. Principled performance is about achieving success while maintaining high standards of integrity and responsibility.
References:
OCEG (Open Compliance and Ethics Group) Red Book GRC Capability Model
ISO 37001:2016 - Anti-bribery management systems
OCEG GRCA Exam Dumps
5 out of 5
Pass Your GRC Auditor Certification Exam in First Attempt With GRCA Exam Dumps. Real GRC Exam Questions As in Actual Exam!
— 45 Questions With Valid Answers
— Updation Date : 16-Dec-2024
— Free GRCA Updates for 90 Days
— 98% GRC Auditor Certification Exam Passing Rate
PDF Only Price 99.99$
19.99$
Buy PDF
Speciality
Additional Information
Testimonials
Related Exams
- Number 1 OCEG GRC study material online
- Regular GRCA dumps updates for free.
- GRC Auditor Certification Practice exam questions with their answers and explaination.
- Our commitment to your success continues through your exam with 24/7 support.
- Free GRCA exam dumps updates for 90 days
- 97% more cost effective than traditional training
- GRC Auditor Certification Practice test to boost your knowledge
- 100% correct GRC questions answers compiled by senior IT professionals
OCEG GRCA Braindumps
Realbraindumps.com is providing GRC GRCA braindumps which are accurate and of high-quality verified by the team of experts. The OCEG GRCA dumps are comprised of GRC Auditor Certification questions answers available in printable PDF files and online practice test formats. Our best recommended and an economical package is GRC PDF file + test engine discount package along with 3 months free updates of GRCA exam questions. We have compiled GRC exam dumps question answers pdf file for you so that you can easily prepare for your exam. Our OCEG braindumps will help you in exam. Obtaining valuable professional OCEG GRC certifications with GRCA exam questions answers will always be beneficial to IT professionals by enhancing their knowledge and boosting their career.
Yes, really its not as tougher as before. Websites like Realbraindumps.com are playing a significant role to make this possible in this competitive world to pass exams with help of GRC GRCA dumps questions. We are here to encourage your ambition and helping you in all possible ways. Our excellent and incomparable OCEG GRC Auditor Certification exam questions answers study material will help you to get through your certification GRCA exam braindumps in the first attempt.
Pass Exam With OCEG GRC Dumps. We at Realbraindumps are committed to provide you GRC Auditor Certification braindumps questions answers online. We recommend you to prepare from our study material and boost your knowledge. You can also get discount on our OCEG GRCA dumps. Just talk with our support representatives and ask for special discount on GRC exam braindumps. We have latest GRCA exam dumps having all OCEG GRC Auditor Certification dumps questions written to the highest standards of technical accuracy and can be instantly downloaded and accessed by the candidates when once purchased. Practicing Online GRC GRCA braindumps will help you to get wholly prepared and familiar with the real exam condition. Free GRC exam braindumps demos are available for your satisfaction before purchase order.
Send us mail if you want to check OCEG GRCA GRC Auditor Certification DEMO before your purchase and our support team will send you in email.
If you don't find your dumps here then you can request what you need and we shall provide it to you.
Bulk Packages
$60
- Get 3 Exams PDF
- Get $33 Discount
- Mention Exam Codes in Payment Description.
Buy 3 Exams PDF
$90
- Get 5 Exams PDF
- Get $65 Discount
- Mention Exam Codes in Payment Description.
Buy 5 Exams PDF
$110
- Get 5 Exams PDF + Test Engine
- Get $105 Discount
- Mention Exam Codes in Payment Description.
Buy 5 Exams PDF + Engine
 Jessica Doe
GRC
We are providing OCEG GRCA Braindumps with practice exam question answers. These will help you to prepare your GRC Auditor Certification exam. Buy GRC GRCA dumps and boost your knowledge.
| 
