Exam GRCP Topic 3 Question 18 Discussion

Actual exam question for OCEG's GRCP exam
Question #: 18
Topic #: 3

How can the Code of Conduct serve as a guidepost for organizations of all sizes and in all industries?

A. It is a starting point for policies and procedures in large organizations or those in highly regulated industries, while in small organizations that are less regulated it is the only guidance needed. B. It is a legally mandated document that must be established and followed by all organizations. C. It sets out the principles, values, standards, or rules of behavior that guide the organization's decisions, procedures, and systems, serving as an effective guidepost. D. It is only applicable to large organizations in specific industries.

Suggested Answer: C Vote an answer

ACode of Conductis a foundational document that articulates the principles, values, standards, and rules that guide an organization's behavior and decision-making processes.
* Role of the Code of Conduct:
* Serves as a reference point for all employees and stakeholders.
* Promotes a consistent ethical culture and compliance with organizational values.
* Applicability:
* Effective across all industries and organization sizes as a baseline for ethical behavior and operational standards.
* Why Other Options Are Incorrect:
* A: The Code of Conduct is relevant for all organizations, not just large ones.
* B: While important, it is not legally mandated for all organizations.
* D: It is applicable to organizations of all sizes and industries, not limited to specific cases.
References:
* OCEG GRC Capability Model: Emphasizes the Code of Conduct as a guide for decisions and behavior.
* ISO 37001 (Anti-Bribery Management Systems): Discusses Codes of Conduct in fostering ethical standards.

by Les at Apr 18, 2026, 07:53 AM

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