OCEG
GRCP
Q1:
What is the relationship between the internal context and the culture of an organization within the LEARN component?
○
A
The internal context and culture determine the organization's financial performance.○
B
The internal context and culture describe the capabilities and resources used to meet stakeholder needs.○
C
The internal context and culture define the organization's risk appetite and tolerance levels.○
D
The internal context and culture outline the organization's compliance requirements.
OCEG
GRCP
Q2:
How are opportunities, obstacles, and obligations prioritized for further analysis?
○
A
Based on identification criteria and the priority of associated objectives○
B
Based on the business units they relate to and how important those units are to the achievement of objectives○
C
Based on the items identified as top priorities at the enterprise level taking higher priority than any unit-based items○
D
Based on the preferences of the executive management team
OCEG
GRCP
Q3:
What is the term used to describe a measure that estimates the occurrence of an event?
○
A
Impact○
B
Consequence○
C
Cause○
D
Likelihood
OCEG
GRCP
Q4:
What are the two dimensions that drive an organization's engagement with stakeholders?
○
A
Compliance and Ethics○
B
Interest and Power○
C
Push and Pull○
D
Internal and External
OCEG
GRCP
Q5:
What is the primary objective of Lean as a technique for improvement?
○
A
To maximize profits and shareholder value○
B
To improve communication and collaboration○
C
To eliminate waste and increase efficiency○
D
To enhance customer satisfaction and loyalty