What Is an Enterprise Architecture

question 4

Multiple Choice

What is an enterprise architecture?

• A) A process improvement approach that contains 22 process areas created by a group from government, industry, and Carnegie Mellon's Software Engineering Institute.
• B) Key for evaluating internal controls such as human resources, logistics, information technology, risk, legal, marketing and sales, operations, financial functions, procurement, and reporting.
• C) Includes the plans for how an organization will build, deploy, use, and share its data, processes, and IT assets.
• D) None of the choices are correct.

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Definitions:

Credit Risk

The potential for loss due to a borrower's failure to make payments on any type of debt.

Principal

The original amount of a debt or investment before interest.

Interest Payments

Periodic payments made to lenders or creditors as compensation for borrowing money, usually calculated as a percentage of the principal amount.

Financial Information

Data related to the financial status or performance of an individual or entity, including balance sheets, income statements, and cash flow statements.