Within the IT Assurance Framework (ITAF), the General Standards

question 61

Multiple Choice

Within the IT Assurance Framework (ITAF) , the General Standards:

• A)Provide guidance on the planning and execution of IT assurance activities
• B)Provide guidance on the attributes of the IT auditing profession
• C)Provide guidance on the nature of communications issued by the IT auditor
• D)Provide guidance on the distribution of IT audit reports

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Definitions:

Dividend Per Share

The amount of dividend a company pays out for each share of its stock.

Net Income

The profit of a company after all expenses and taxes have been deducted from revenue, indicating its financial performance.

Shares Outstanding

The total number of a company's shares that are currently owned by shareholders, including those held by institutional investors and restricted shares owned by the company’s officers and insiders.

Days Sales Outstanding

A calculation used by a company to estimate the average number of days it takes to collect payments after a sale has been made.