Question 1

What are some considerations to keep in mind when attempting to influence an organization’s culture?

Options :

A :

Culture change requires long-term commitment, consistent modeling in both words and deeds, and reinforcement by leaders and the workforce.

B : Culture change is not necessary as long as the organization is meeting its financial targets.

C :

Culture change can be achieved quickly through the implementation of new policies and procedures if there is adequate training provided.

D :

Culture change is solely dependent on the decisions made by the executive leadership team and how they model desired behavior.

Answer: A

Question 2

Which Critical Discipline of the Protector Skillset includes skills to constrain activities and set direction?

Options :

A : Audit & Assurance

B : Governance & Oversight

C : Risk & Decisions

D : Compliance & Ethics

Answer: B

Question 3

In the context of GRC, which is the best description of the role of governance in an organization?

Options :

A :

Developing marketing strategies and driving sales growth to meet objectives established by the governing body

B : Indirectly guiding, controlling, and evaluating an entity by constraining and conscribing resources

C : Conducting audits and providing assurance on the effectiveness of controls

D : Implementing operational processes and overseeing day-to-day activities

Answer: B

Question 4

What is the difference between prescriptive norms and proscriptive norms?

Options :

A : Prescriptive norms are optional guidelines, while proscriptive norms are mandatory rules.

B :

Prescriptive norms are related to financial performance, while proscriptive norms are related to ethical behavior.

C :

Prescriptive norms are established by government regulations, while proscriptive norms are established by industry standards.

D :

Prescriptive norms encourage behavior the group deems positive, while proscriptive norms discourage behavior the group deems negative.

Answer: D

Question 5

What criteria should objectives meet to be considered effective?

Options :

A : Objectives should be based only on financial metrics for each unit or department

B : Objectives should meet the SMART criteria (Specific, Measurable, Achievable, Relevant, Timebound)

C : Objectives should only have one timescale, e.g., quarterly, annually, 5 years

D : Objectives should be sought by a majority of the stakeholder categories for the organization

Answer: B

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