The CoBIT Framework Looks at the Issue of Internal Control

question 45

Multiple Choice

The CoBIT framework looks at the issue of internal control from three points of view. If NTS Corporation's strategic plan includes a statement about planned increases in sales, which of the following statements is most true?

• A)The statement is unrelated to any of the three points of view.
• B)The statement is related to the "business objective" point of view.
• C)The statement is meaningful only if the planned increases were predicted with a computer model.
• D)The statement ensures that sales figures conform to all seven information criteria in the CoBIT framework.

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Definitions:

Descriptive Statistics

Statistical methods that summarize or describe a collection of data using measures such as mean, median, and mode.

Population Parameters

Quantitative characteristics or metrics of a population, such as mean, variance, or standard deviation.

Data Vary

This term indicates that data points can differ from each other across a set of data, showing variability or divergence.

Measure of Dispersion

A statistical parameter that describes the spread or variability of a distribution around its central measure (such as mean or median).