Podcast
Questions and Answers
What is the primary purpose of the Assurance and Regulatory Management Procedure?
What is the primary purpose of the Assurance and Regulatory Management Procedure?
- To disregard the PETRONAS Assurance Standard and Framework
- To ignore the PETRONAS Code of Conduct and Business Ethics
- To promote bribery and corruption within the organization
- To provide a structured approach to managing the integrated assurance program (correct)
What is the stance of the PETRONAS Group on bribery and corruption?
What is the stance of the PETRONAS Group on bribery and corruption?
- Tolerant, but only in certain situations
- Zero tolerance (correct)
- Encouraged, as a means to achieve business goals
- Selective tolerance, depending on the situation
What document guides the PETRONAS Group's stance on bribery and corruption?
What document guides the PETRONAS Group's stance on bribery and corruption?
- PETRONAS Anti-Bribery and Corruption Manual
- PETRONAS Code of Conduct and Business Ethics (correct)
- PETRONAS Governance and Compliance Manual
- PETRONAS Assurance Standard and Framework
Who owns the copyright to this document?
Who owns the copyright to this document?
What is the name of the system where the PFLNG Statutory Compliance Management is approved and available?
What is the name of the system where the PFLNG Statutory Compliance Management is approved and available?
What is the date of the presentation to PFLNG staff?
What is the date of the presentation to PFLNG staff?
What is the primary purpose of ensuring all information is up-dated and communicated regularly?
What is the primary purpose of ensuring all information is up-dated and communicated regularly?
Which institute's model is PETRONAS' Three Lines of Defence aligned with?
Which institute's model is PETRONAS' Three Lines of Defence aligned with?
What is the main objective of Mandated Self-Assurance?
What is the main objective of Mandated Self-Assurance?
What are the two types of assurance activities mentioned in the text?
What are the two types of assurance activities mentioned in the text?
What is the standard that PETRONAS' Three Lines of Defence is aligned with?
What is the standard that PETRONAS' Three Lines of Defence is aligned with?
What are the main components of PETRONAS' assurance program?
What are the main components of PETRONAS' assurance program?
What is the primary purpose of the assurance program?
What is the primary purpose of the assurance program?
Who does the Group Internal Audit (GIA) report to?
Who does the Group Internal Audit (GIA) report to?
What is the purpose of external parties conducting audits, certifications, or verifications?
What is the purpose of external parties conducting audits, certifications, or verifications?
What is an example of a subscribed standard mentioned in the assurance program?
What is an example of a subscribed standard mentioned in the assurance program?
How many components are mentioned in the assurance program?
How many components are mentioned in the assurance program?
What is the primary objective of the Annual Assurance Planning stage of the assurance process?
What is the primary objective of the Annual Assurance Planning stage of the assurance process?
What is the deliverable of the Assurance Reporting stage of the assurance process?
What is the deliverable of the Assurance Reporting stage of the assurance process?
What is the number of stages in the assurance process?
What is the number of stages in the assurance process?
What is the objective of the Post Assurance and Monitoring stage of the assurance process?
What is the objective of the Post Assurance and Monitoring stage of the assurance process?
What is the purpose of conducting audit / certification / verification / validation / witness by regulators or appointed bodies?
What is the purpose of conducting audit / certification / verification / validation / witness by regulators or appointed bodies?
What is the number of COSO's components that the assurance program must satisfy?
What is the number of COSO's components that the assurance program must satisfy?
What is the characteristic of gaps in the LOW primary parameter rating?
What is the characteristic of gaps in the LOW primary parameter rating?
What is the indication of NO repetitive issue from previous audit or assurance in the supplementary parameter?
What is the indication of NO repetitive issue from previous audit or assurance in the supplementary parameter?
What is the characteristic of the HIGH primary parameter rating?
What is the characteristic of the HIGH primary parameter rating?
What is the objective of the process, governance, risk, and controls review?
What is the objective of the process, governance, risk, and controls review?
What is the characteristic of the Effective opinion rating?
What is the characteristic of the Effective opinion rating?
What is the impact of the LOW primary parameter rating on the business?
What is the impact of the LOW primary parameter rating on the business?
