SAP GRC Course in Pune

1.Explain the concept of Segregation of Duties (SoD).

Answer: Segregation of Duties (SoD) is a key principle in risk management that prevents any single individual from having control over all aspects of a transaction, thereby reducing the risk of error or fraud.

2.How does SAP GRC Access Control handle SoD conflicts?

Answer: SAP GRC Access Control identifies SoD conflicts by analyzing user roles and access rights. It provides tools for remediation, such as reassigning roles or implementing mitigating controls.

3.What is a Mitigating Control in SAP GRC?

Answer: A Mitigating Control is a compensating measure implemented to reduce the risk of identified SoD conflicts when it is not possible to eliminate the conflict through role adjustments.

4.What is Risk Analysis and Remediation (RAR) in SAP GRC?

Answer: RAR is a component of SAP GRC Access Control that helps identify and manage risks associated with user access and authorization. It analyzes access risks, provides remediation options, and ensures compliance.

5.Describe the User Access Review process in SAP GRC.

Answer: The User Access Review process involves periodically reviewing user access rights to ensure they are appropriate and compliant with policies. This helps in identifying and rectifying any unauthorized or excessive access.

6.How does SAP GRC integrate with other SAP modules?

Answer: SAP GRC integrates with other SAP modules like SAP ERP, SAP S/4HANA, and SAP HCM to provide a comprehensive view of compliance and risk across the organization’s processes.

7.What is the purpose of the SAP GRC Risk Assessment?

Answer: The purpose of the SAP GRC Risk Assessment is to identify and evaluate potential risks that could impact the organization’s operations, and to develop strategies for mitigating those risks.

8.What are the key features of SAP GRC Process Control?

Answer: Key features include automated control monitoring, control self-assessments, issue management, and reporting on compliance status.

9.What is the difference between preventive and detective controls in SAP GRC?

Answer: Preventive controls are designed to prevent errors or fraud from occurring, while detective controls identify and alert to errors or fraud that has already occurred.

10.Explain the concept of Continuous Control monitoring (CCM) in SAP GRC.

Answer: Continuous Control Monitoring (CCM) involves the ongoing, automated monitoring of business processes and controls to ensure compliance and identify potential issues in real-time.

11.What is the role of Compliance Frameworks in SAP GRC?

Answer: Compliance Frameworks in SAP GRC provide a structured approach to managing compliance requirements by defining policies, procedures, and controls aligned with regulatory standards.

12.How does SAP GRC help in regulatory compliance?

Answer: SAP GRC helps in regulatory compliance by providing tools for monitoring and reporting on compliance with various regulations, automating compliance processes, and ensuring that controls are in place and effective.

13.What is an Audit Trail in SAP GRC?

Answer: An Audit Trail is a record of all changes made in the system, including user access changes, configuration changes, and transaction history, which helps in tracking and auditing activities for compliance purposes.

14.What is the significance of Role-Based Access Control (RBAC) in SAP GRC?

Answer: RBAC is significant in SAP GRC as it ensures that users have access only to the information and resources necessary for their job functions, thereby reducing the risk of unauthorized access.

15.How do you handle false positives in SAP GRC Access Control?

Answer: False positives in SAP GRC Access Control are handled by refining risk analysis rules, improving data quality, and implementing more accurate role definitions to minimize unnecessary alerts.