What Is the Role of the ISACA

question 65

Multiple Choice

What is the role of the ISACA?

• A)Provide a set of tools and guidelines to establishing IT management practices.
• B)Enforce the law on corporate IT governance.
• C)Developing knowledge and standards relating to IT audits and IS governance.
• D)Provide a framework for best practices.
• E)Lobbying on behalf of the IT industry.

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Definitions:

Opportunity Cost

The cost of forgoing the next best alternative when making a decision.

Production

The process of creating goods or services by combining labor, materials, and capital.

Technological Improvement

The advancement or enhancement of technology, leading to increased efficiency, productivity, or quality in processes or products.

Wage Rates

The amount of compensation an employee receives from an employer in exchange for performing a specific job, typically expressed on an hourly basis.