GRCA Valid Braindumps Questions, GRCA Valid Test Sims
GRCA Valid Braindumps Questions, GRCA Valid Test Sims
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Tags: GRCA Valid Braindumps Questions, GRCA Valid Test Sims, Exam GRCA Bible, GRCA Training Materials, GRCA Free Learning Cram
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GRCA Valid Braindumps Questions - First-grade GRCA: GRC Auditor Certification Exam Valid Test Sims
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OCEG GRCA Exam Syllabus Topics:
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OCEG GRC Auditor Certification Exam Sample Questions (Q17-Q22):
NEW QUESTION # 17
The two kinds of PROACTIVE controls are
- A. access and system
- B. promoting and preventive
- C. training and education
Answer: B
Explanation:
Proactive controls are those measures implemented to prevent undesirable events before they occur. Promoting controls are designed to encourage desired behaviors and outcomes, such as compliance with policies and procedures. Preventive controls are aimed at stopping undesirable events or actions before they happen, such as implementing security measures to prevent unauthorized access. Both types of controls are essential for effective risk management and ensuring the security and integrity of an organization's processes and systems.
References:
* COSO Internal Control - Integrated Framework
* ISO/IEC 27002:2013 - Information technology - Security techniques - Code of practice for information security controls
NEW QUESTION # 18
Follow-up on the implementation status of the recommendation by assurance personnel is known as
- A. Follow-Up by Process Owner
- B. Follow-Up by Targeted Review
- C. Follow-Up by Independent Assurance
Answer: C
Explanation:
Follow-up on the implementation status of recommendations by assurance personnel is known as Follow-Up by Independent Assurance. This process involves independent assurance providers reviewing the actions taken to address the recommendations and verifying that they have been implemented effectively. This follow-up ensures that issues identified during the assessment have been resolved and that improvements have been made.References:
* IIA Standards for the Professional Practice of Internal Auditing
* ISO 19011:2018 - Guidelines for auditing management systems
NEW QUESTION # 19
What is the BEST sequence of testing
- A. Control testing and then substantive testing
- B. Substantive testing and then control testing
Answer: A
Explanation:
The best sequence of testing is to conduct control testing first and then substantive testing. This approach ensures that the effectiveness of internal controls is evaluated before examining the details of transactions and data. By testing controls first, assurance providers can determine if controls are reliable and can potentially reduce the extent of substantive testing needed. Effective controls can provide confidence that transactions and data are accurate, reducing the need for extensive substantive testing.References:
* AICPA Auditing Standards
* ISO 19011:2018 - Guidelines for auditing management systems
NEW QUESTION # 20
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.
Answer: A
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
NEW QUESTION # 21
Which of these is defined as "externally directing, controlling and evaluating an entity, process or resource"
- A. Assurance
- B. Management
- C. Governance
Answer: C
Explanation:
Governance is defined as "externally directing, controlling and evaluating an entity, process, or resource". It involves establishing policies, and continuous monitoring of their proper implementation, by the members of the governing body of an organization. It ensures that the entity is operating effectively and in alignment with its objectives and regulatory requirements. Governance encompasses a wide range of activities, including strategic planning, decision-making, and oversight, all aimed at achieving the entity's goals while managing risk and ensuring compliance.References:
* ISO 38500:2015 - Information technology - Governance of IT for the organization
* OECD Principles of Corporate Governance
NEW QUESTION # 22
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