What Is a Framework Provided by the Government of the United

question 53

Multiple Choice

What is a framework provided by the government of the United Kingdom and offers eight sets of management procedures?

• A) CoBIT Information Systems Audit and Control Association
• B) Information Technology Infrastructure Library
• C) Committee of Sponsoring Organizations
• D) Capability Maturity Model Integration Method

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Definitions:

MACRS

Modified Accelerated Cost Recovery System, a method of depreciation in the U.S. that allows businesses to recover investments in certain property through annual deductions.

Property

Physical or intangible assets owned by an individual or business, including land, buildings, and intellectual property.

Residential Rental Property

Real estate property that is used for housing tenants and includes houses, apartments, and townhouses.

Nonresidential Real Property

Property used for business purposes, excluding those properties used for living accommodations.