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Question 38/41
In the IACM, what is the role of Compound/Accelerate Actions & Controls?
Correct Answer: C
Compound/Accelerate Actions & Controls in the Integrated Actions and Controls Model (IACM) focus on amplifying the positive impact of favorable events and fostering conditions for their recurrence.
Objective:
Enhance the benefits derived from favorable events and outcomes.
Increase the likelihood and magnitude of future occurrences of such events.
Examples:
Leveraging positive market feedback to expand brand loyalty.
Scaling a successful project for broader application.
Why Other Options Are Incorrect:
A: Addresses conflicts, not the role of compound/accelerate controls.
B and D: These are outcomes, not primary roles of this category.
References:
OCEG IACM Framework: Discusses compounding benefits and promoting opportunities.
Objective:
Enhance the benefits derived from favorable events and outcomes.
Increase the likelihood and magnitude of future occurrences of such events.
Examples:
Leveraging positive market feedback to expand brand loyalty.
Scaling a successful project for broader application.
Why Other Options Are Incorrect:
A: Addresses conflicts, not the role of compound/accelerate controls.
B and D: These are outcomes, not primary roles of this category.
References:
OCEG IACM Framework: Discusses compounding benefits and promoting opportunities.
- Question List (41q)
- Question 1: Which statement is FALSE?
- Question 2: How is the efficiency of the LEARN component measured in ter...
- Question 3: When should anonymity be afforded to stakeholders who raise ...
- Question 4: Why is it necessary to provide timely disclosures about the ...
- Question 5: Why is monitoring important in the context of the REVIEW com...
- Question 6: What type of activities are typically included in post-asses...
- Question 7: What are key compliance indicators (KCIs) associated with?...
- Question 8: Which are some considerations to keep in mind when establish...
- Question 9: What is the relationship between the internal context and th...
- Question 10: Which of the following reflects what the learner will be abl...
- Question 11: What are some examples of economic factors that may influenc...
- Question 12: What is the role of indicators in measuring progress toward ...
- Question 13: What is the objective of improving actions and controls to a...
- Question 14: What type of policy provides instructions on what actions sh...
- Question 15: In the context of the Maturity Model, what characterizes pra...
- Question 16: What is the design option that involves ceasing all activity...
- Question 17: What are the four dimensions used to assess Total Performanc...
- Question 18: Which category of actions & controls in the IACM include...
- Question 19: How do detective actions and controls contribute to managing...
- Question 20: Which category of actions and controls in the IACM includes ...
- Question 21: What are norms?
- Question 22: In the IACM, what are the two types of Proactive Actions &am...
- Question 23: Why is it important for an organization to balance the needs...
- Question 24: What is the purpose of implementing policies within an organ...
- Question 25: What is the term used to describe the measure of the negativ...
- Question 26: What is the duality of compliance, and how does it relate to...
- Question 27: What is the term used to describe the level of risk in the a...
- Question 28: What is the advantage of using technology-based inquiry for ...
- Question 29: How is the level of assurance determined in relation to obje...
- Question 30: What is the difference between an organization that is being...
- Question 31: How can organizations recover from negative conduct, events,...
- Question 32: What is the role of an assurance provider in the assurance p...
- Question 33: What is the purpose of implementing incentives in an organiz...
- Question 34: Why is it essential to ensure that every issue or incident i...
- Question 35: In the context of Total Performance, how is responsiveness m...
- Question 36: What is a potential limitation of using qualitative analysis...
- Question 37: Why is continual improvement considered a hallmark of a matu...
- Question 38: In the IACM, what is the role of Compound/Accelerate Actions...
- Question 39: In the context of assurance activities, what does the term "...
- Question 40: What does the initialism GRC stand for?...
- Question 41: What is the primary responsibility of the Fourth Line in the...
