IGP Compliance & Risk Management

Question 1

What is the purpose of compliance in information governance?

Accepted Answer

Ensure adherence to laws and policies

Answer

Ignore regulations

Answer

Reduce data quality

Answer

Increase risks

Question 2

How does risk management benefit organizations?

Accepted Answer

Identify and mitigate threats

Answer

Creates confusion

Answer

Is optional

Answer

Increases liabilities

Question 3

What is a compliance audit?

Accepted Answer

Evaluate adherence to regulations

Answer

A financial review

Answer

An informal check

Answer

Only for IT systems

Question 4

What role does documentation play in compliance?

Accepted Answer

Evidence of policy adherence

Answer

Is unnecessary

Answer

Slows processes

Answer

Increases risks

Question 5

Why is employee training important in risk management?

Accepted Answer

Ensures understanding of risks

Answer

Is optional

Answer

Increases risks

Answer

Only for managers

Question 6

How are controls used in risk management?

Accepted Answer

Reduce risk likelihood or impact

Answer

Ignore risks

Answer

Increase risks

Answer

Only for audits

Question 7

What is the role of governance in risk management?

Accepted Answer

Set policies and oversight

Answer

Is unnecessary

Answer

Create confusion

Answer

Only for IT

Question 8

Why is continuous monitoring important?

Accepted Answer

Detect new risks promptly

Answer

Is optional

Answer

Slows response

Answer

Increases risk

Question 9

How does compliance impact organizational reputation?

Accepted Answer

Builds trust and credibility

Answer

Has no effect

Answer

Decreases trust

Answer

Only affects finances