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OCEG GRCA Exam Syllabus Topics:

TopicDetails
Topic 1
  • General Knowledge: This section of the exam measures the skills of GRC professionals and covers key terms and definitions related to Governance, Risk, and Compliance (GRC). It emphasizes understanding the principles and business drivers that underpin GRC, as well as the benefits of integrating GRC into organizational practices. A vital skill assessed is recognizing how GRC relates to other disciplines and professions.
Topic 2
  • GRC Assessment Framework: This section of the exam measures the skills of GRC professionals and covers the content of the GRC Assessment Framework. It emphasizes applying this framework based on the scope of specific assessments. A key skill assessed is understanding how to utilize the framework effectively to guide assessment processes.
Topic 3
  • Assurance and Assessment: This section of the exam measures the skills of GRC auditors and covers assurance and assessment models relevant to GRC practices. It includes understanding the key steps involved in planning and performing assessments, as well as designing reports and follow-up actions. A critical skill evaluated is the ability to create valid and reliable reports based on assessment findings.

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OCEG GRC Auditor Certification Exam Sample Questions (Q40-Q45):

NEW QUESTION # 40
Which two factors drive the potential level of assurance that an assurance provider may target?

  • A. Freedom and Disinterest
  • B. Competence and Objectivity
  • C. Independence and Freedom

Answer: B

Explanation:
The two factors that drive the potential level of assurance an assurance provider may target are competence and objectivity. Competence refers to the assurance provider's knowledge, skills, and experience necessary to perform the assessment effectively. Objectivity refers to the assurance provider's impartiality and independence from the area being assessed, ensuring that the assessment is unbiased and credible. Both factors are essential for providing a reliable and accurate assurance.References:
* IIA Standards for the Professional Practice of Internal Auditing
* ISO 19011:2018 - Guidelines for auditing management systems


NEW QUESTION # 41
When inspecting information, the Content Criteria provides a guide to evaluating which of these

  • A. Design of the control
  • B. Substance of the operation in the field

Answer: A

Explanation:
When inspecting information, the Content Criteria provides a guide to evaluating the design of the control.
Content Criteria help ensure that the controls are appropriately designed to achieve their intended purpose.
Evaluating the design involves assessing whether the control's structure, procedures, and policies are adequate to mitigate identified risks and meet regulatory and organizational requirements.References:
* ISO 19011:2018 - Guidelines for auditing management systems
* COSO Internal Control - Integrated Framework


NEW QUESTION # 42
What are the common attributes of an assurance professional?

  • A. Independence, objectivity and diligence
  • B. Objectivity, independence and freedom
  • C. Objectivity, competence and fallibilism

Answer: A

Explanation:
The common attributes of an assurance professional are independence, objectivity, and diligence.
Independence ensures that the assurance professional is free from any influence or conflict of interest that could affect their judgment. Objectivity refers to the ability to provide an unbiased and impartial assessment.
Diligence involves a thorough and careful approach to the assurance process, ensuring that all relevant aspects are evaluated and reported accurately. These attributes are essential for maintaining the credibility and reliability of assurance activities.References:
* IIA Standards for the Professional Practice of Internal Auditing
* ISO 19011:2018 - Guidelines for auditing management systems


NEW QUESTION # 43
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 Targeted Review
  • B. Follow-Up by Independent Assurance
  • C. Follow-Up by Process Owner

Answer: A

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


NEW QUESTION # 44
Which of these roles is allowed to conduct assurance?

  • A. Risk Management
  • B. Senior Management
  • C. Board
  • D. Any and all of these roles can conduct assurance activities given the proper purpose and parameters.
  • E. Management
  • F. Operators
  • G. Internal Audit
  • H. Internal Controls
  • I. Compliance
  • J. Information Security

Answer: D

Explanation:
Any and all of the listed roles can conduct assurance activities provided they have the appropriate purpose and parameters defined. Assurance activities are not limited to a specific function but can be performed by various roles within an organization, such as Internal Audit, Compliance, Risk Management, and Information Security, among others. The key is that these roles must operate with the proper scope, authority, and independence to provide credible and reliable assurance.References:
* COSO Internal Control - Integrated Framework
* ISO 31000:2018 - Risk management - Guidelines


NEW QUESTION # 45
......

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