FREE PDF QUIZ 2025 GRI USEFUL ESRS-PROFESSIONAL LATEST BRAINDUMPS BOOK

Free PDF Quiz 2025 GRI Useful ESRS-Professional Latest Braindumps Book

Free PDF Quiz 2025 GRI Useful ESRS-Professional Latest Braindumps Book

Blog Article

Tags: ESRS-Professional Latest Braindumps Book, Guaranteed ESRS-Professional Passing, ESRS-Professional Reliable Test Braindumps, Prep ESRS-Professional Guide, Reliable ESRS-Professional Exam Simulator

As a busy working person it will cost a lot of time and energy to prepare for upcoming test, what's to be done? You can try our latest GRI ESRS-Professional practice exam online materials. You can know more about exam information and master all valid exam key knowledge points. ESRS-Professional Practice Exam Online is excellent product of all examination questions with high passing rate. It will improve your studying efficiency and low exam cost.

Are you satisfied with your present job? Are you satisfied with what you are doing? Do you want to improve yourself? To master some useful skills is helpful to you. Now that you choose to work in the IT industry, you must register IT certification test and get the IT certificate which will help you to upgrade yourself. What's more important, you can prove that you have mastered greater skills. And then, to take GRI ESRS-Professional Exam can help you to express your desire. Don't worry. PassCollection will help you to find what you need in the exam and our dumps must help you to obtain ESRS-Professional certificate.

>> ESRS-Professional Latest Braindumps Book <<

Start Exam Preparation with Real and Valid PassCollection GRI ESRS-Professional Exam Questions​

The PassCollection is one of the top-rated and trusted platforms that are committed to making the ESRS Professional Certification Exam (ESRS-Professional) certification exam journey successful. To achieve this objective PassCollection has hired a team of experienced and qualified GRI ESRS-Professional Exam trainers. They work together and put all their expertise to maintain the top standard of ESRS Professional Certification Exam (ESRS-Professional) practice test all the time.

GRI ESRS Professional Certification Exam Sample Questions (Q17-Q22):

NEW QUESTION # 17
Which of the following are key characteristics of an internal control for assurance purposes? Select all that apply.

  • A. The activity must be able to be 'tested' by the external assurance provider.
  • B. The activity must be documented and implemented according to the agreed timing.
  • C. The results of the activity do not need to be documented each time it is performed.
  • D. The activity can be carried out by the same staff who collected, calculated, or consolidated the information.

Answer: A,B

Explanation:
2023/2772, various EFRAG guidance documents, and reports related to CSRD, ESRS, stakeholder engagement, double materiality, external assurance, and digital reporting Study guide References at the end of each question Under the ESRS framework, effectiveinternal controlsfor assurance purposes must meet key characteristics to ensure reliability, traceability, and auditability.
* (A) Documentation & Implementation:Internal controls must be formally documented, implemented as per the designated schedule, and consistently applied.
* (C) Testability by External Assurance Providers:Assurance providers must be able to verify the controls, test their effectiveness, and ensure compliance with CSRD assurance requirements.
* (B) Same Staff Performing & Assuring the Control:A fundamental principle of internal control is the separation of dutiesto avoid conflicts of interest. The control must be performed by one team and assured independently.
* (D) No Need for Documentation:Proper documentation ismandatoryfor internal controls to enable traceability, testing, and regulatory compliance.
* Commission Delegated Regulation (EU) 2023/2772, GOV-5:Risk management and internal controls over sustainability reporting, highlighting the necessity of internal control mechanisms.
* EFRAG Assurance Guidelines:Stipulating that documented controls must be verifiable and tested for external assurance.
Correct Options Explained:Incorrect Options Explained:ESRS References:


NEW QUESTION # 18
Which of the following statements about the EU's Corporate Sustainability Reporting Directive (CSRD) and its predecessor, the Non-Financial Reporting Directive (NFRD), are correct? Select all options that apply.

  • A. The NFRD applied to large public-interest entities with 500 or more employees, such as listed companies, credit institutions, and insurance undertakings.
  • B. The NFRD replaced the CSRD to expand reporting requirements and organization coverage.
  • C. The NFRD mandated external assurance for sustainability information in all Member States.
  • D. The NFRD required all companies in the EU to include a non-financial statement in their annual reports.
  • E. The CSRD was introduced to address the limitations of the NFRD in scope and reporting requirements.

Answer: A,E

Explanation:
TheCorporate Sustainability Reporting Directive (CSRD)replaced theNon-Financial Reporting Directive (NFRD)to address itslimitationsin scope and reporting requirements. Below are the explanations for each option:
* A. False- The NFRDdid notrequire all companies in the EU to include a non-financial statement.
Instead, itapplied only to large public-interest entitieswith 500 or more employees.
* B. True- The NFRD applied tolarge public-interest entities, includinglisted companies, banks, and insurance firms with more than 500 employees.
* C. False- The NFRDdid not mandate external assurancefor sustainability information. TheCSRD introduced mandatory assuranceat the EU level.
* D. False- The CSRDdid not replace the NFRD; rather, itexpanded and strengthened reporting requirements. TheNFRD was replaced by the CSRD, but not the other way around.
* E. True- TheCSRD was introduced to improve the scope and depth of sustainability reporting compared to the NFRD. Itexpanded the number of entities required to report, standardized disclosures via ESRS, and introduced third-party assurance requirements.
Key Differences Between CSRD and NFRDFeature
NFRD (Old Directive)
CSRD (New Directive)
Scope
Large public-interest entities (500+ employees)
All large companies + listed SMEs
Assurance
Not required
Mandatory external assurance
Disclosure Requirements
Limited sustainability disclosures
Comprehensive ESRS-based reporting
Reporting Standards
No standardized framework
ESRS-based mandatory framework
Application Date
In force since 2018
Applies from 2024 onwards
* CSRD Directive (EU) 2022/2464- Assurance & Reporting Provisions.
* ESRS Compilation Explanations January - November 2024.
Official References:


NEW QUESTION # 19
Which of the following correctly fills the gaps in the paragraph below?
ESRS 2 IRO-1 mandates organizations to disclose their process to identify __________ and assess their materiality, including if and how consultation with __________ informed the outcome of the process.
Because most __________ arise from impacts, impact materiality is often the starting point for __________.

  • A. financial materiality; affected stakeholders; impacts, risks, and opportunities; risks and opportunities.
  • B. impacts, risks, and opportunities; affected stakeholders; risks and opportunities; financial materiality.
  • C. affected stakeholders; impacts, risks, and opportunities; financial materiality; risks and opportunities.

Answer: B

Explanation:
ESRS 2 IRO-1 requires organizations to disclose their process for identifyingimpacts, risks, and opportunitiesand assess theirmateriality. This includes detailing whether and howaffected stakeholders were consulted during the process. Sincerisks and opportunitiestypically stem fromimpacts, the process of impact materiality assessmentserves as a natural starting point before evaluating theirfinancial materiality.
* Identification of Impacts, Risks, and Opportunities (IROs):
* Organizations must disclose their methodology for identifying materialimpacts, risks, and opportunities.
* These include bothactual and potential impactson people and the environment, considering short-, medium-, and long-term horizons.
* Consultation with Affected Stakeholders:
* ESRS 2 IRO-1 requires disclosure of whether and how theconsultation with affected stakeholdersinfluenced the identification of material sustainability matters.
* Stakeholder engagement is crucial in determining the scope and severity of sustainability impacts.
* Role of Impact Materiality:
* Impact materiality assessmentprecedes the evaluation of risks and opportunities.
* Since mostrisks and opportunitiesoriginate fromimpacts, impact materiality serves as the starting pointfor assessing theirfinancial materiality.
* Financial Materiality Evaluation:
* Financial materiality pertains to the extent that a sustainability matteraffects the undertaking's financial position, performance, cash flows, or cost of capital.
* It evaluates whether an impact or risk could reasonably be expected to have amaterial financial effecton the organization.
* "Impacts, risks, and opportunities"correctly defines the scope of ESRS 2 IRO-1.
* "Affected stakeholders"are explicitly referenced as a crucial element in the disclosure process.
* "Risks and opportunities"emerge from sustainability impacts, making impact materiality the logical starting point.
* "Financial materiality"is the final step, determining the financial significance of sustainability risks and opportunities.
Why is B the Correct Answer?Thus, the correct sequence isB: impacts, risks, and opportunities; affected stakeholders; risks and opportunities; financial materiality.
Official Commission Delegated Regulation (EU) 2023/2772, various EFRAG guidance documents, and CSRD-related references:
* Commission Delegated Regulation (EU) 2023/2772, Annex I: ESRS 2 IRO-1 materiality assessment requirements.
* EFRAG Compilation of Explanations (January - November 2024): Explanation of ESRS 2 IRO-1 and its link to impact materiality.


NEW QUESTION # 20
How do the ESRS define stakeholders?

  • A. Those who can influence or contribute to the undertaking.
  • B. Those who can affect or be affected by the undertaking.
  • C. Those who can support or benefit from the undertaking.

Answer: B

Explanation:
According to the European Sustainability Reporting Standards (ESRS) under the Commission Delegated Regulation (EU) 2023/2772, stakeholders are defined as individuals or groups who can affect or be affected by the undertaking. The ESRS distinguishes between two main groups of stakeholders:
* Affected stakeholders: These are individuals or groups whose interests are affected or could be affected - positively or negatively - by the undertaking's activities and its direct and indirect business relationships across its value chain.
* Users of sustainability statements: These include primary users of general-purpose financial reporting (e.g., existing and potential investors, lenders, and other creditors such as asset managers, credit institutions, and insurance undertakings) and other users, including the undertaking's business partners, trade unions, social partners, civil society and non-governmental organizations, governments, analysts, and academics.
Furthermore, engagement with affected stakeholders is a crucial aspect of the undertaking's ongoing due diligence process and sustainability materiality assessment. This involves identifying and assessing actual and potential negative impacts to inform the materiality assessment process for sustainability reporting.
Official References:
* Commission Delegated Regulation (EU) 2023/2772 of 31 July 2023 supplementing Directive 2013/34
/EU on sustainability reporting standards.
* ESRS 1: General Requirements, Section 3.1 (Stakeholders and their relevance to the materiality assessment process).


NEW QUESTION # 21
Which of the following is true about setting thresholds for financial materiality under the ESRS?

  • A. Thresholds should focus exclusively on the short-term time horizon.
  • B. Reputational risks cannot be considered financially material.
  • C. Organizations should only use monetary thresholds, such as revenue or costs.
  • D. Financial materiality thresholds are based on the likelihood of occurrence and the potential magnitude of financial effects.

Answer: D

Explanation:
Under the ESRS framework, financial materiality is assessed based on a combination of:
* Likelihood of occurrence- The probability that a sustainability matter will have a financial impact.
* Potential magnitude of financial effects- The scale of the impact on financial position, performance, cash flows, access to finance, or cost of capital over short-, medium-, or long-term periods.
This is outlined in ESRS 1, which states that a sustainability matter isfinancially materialif it could reasonably be expected totrigger material financial effectson an undertaking. Financial materiality is not limited to issues under the direct control of the company; it includesdependencies on natural, human, and social resourcesthat could create risks or opportunities.
* Option A:The ESRS framework allows for bothqualitative and quantitative thresholds, not just monetary ones (e.g., revenue or costs).
* Option C:Reputational risks can be financially material, as they may affect access to finance, cost of capital, or customer trust, ultimately influencing the company's financial performance.
* Option D:Thefinancial materiality assessmentis conducted for theshort-, medium-, and long-term, not just the short term.
Why the other options are incorrect:References:
* Commission Delegated Regulation (EU) 2023/2772
* Compilation Explanations January - July 2024, ESRS 1 on Financial Materiality
* EFRAG Guidance on Double Materiality and Risk Assessments


NEW QUESTION # 22
......

Experts before starting the compilation of " the ESRS-Professional latest questions ", has put all the contents of the knowledge point build a clear framework in mind, though it needs a long wait, but product experts and not give up, but always adhere to the effort, in the end, they finished all the compilation. So, you're lucky enough to meet our ESRS-Professional Test Guide l, and it's all the work of the experts. If you want to pass the qualifying ESRS-Professional exam with high quality, choose our ESRS-Professional exam questions. We are absolutely responsible for you. Don't hesitate!

Guaranteed ESRS-Professional Passing: https://www.passcollection.com/ESRS-Professional_real-exams.html

GRI ESRS-Professional Latest Braindumps Book Exams are battlefields where no one can protect you from being hurt, Whole PassCollection's pertinence exercises about GRI certification ESRS-Professional exam is very popular, After a long period of development, our ESRS-Professional research materials have a lot of innovation, GRI ESRS-Professional Certification Exam Dumps: Now Available Two Formats i.e.

This chapter explains why search marketing in many ways is the best ESRS-Professional kind of marketing there is, Create a Datasheet View, Exams are battlefields where no one can protect you from being hurt.

Trustable 100% Free ESRS-Professional – 100% Free Latest Braindumps Book | Guaranteed ESRS-Professional Passing

Whole PassCollection's pertinence exercises about GRI certification ESRS-Professional exam is very popular, After a long period of development, our ESRS-Professional research materials have a lot of innovation.

GRI ESRS-Professional Certification Exam Dumps: Now Available Two Formats i.e, When you trust and rely on updated ESRS-Professional GRI from PassCollection lab simulations then your PassCollection ESRS-Professional practice tests online will definitely be done in the right way and you can rock your way by getting Things can really be brought in control by relying completely on the GRI Sustainability Professionals ESRS-Professional GRI from PassCollection's online audio exam and ESRS-Professional GRI GRI Sustainability Professionals from PassCollection's online dumps and both these products can support and guide you perfectly to give you an amazing success in the ESRS-Professional computer based training online.

Report this page