We Can Classify IT Controls Based on Implementation, Function or Scope.When

question 35

Multiple Choice

We can classify IT controls based on implementation, function or scope.When considering IT controls based on scope, this classification includes:

• A)Preventive, Detective, Corrective
• B)Enterprise level, General and Application
• C)Manual, Automated
• D)Risk Assessment, Monitoring, Information & Communication

Identify the relevance of costs in make-or-buy decisions, further processing decisions, and special pricing strategies.

Grasp the principles of cost analysis for discontinuing segments, replacing assets, and equipment decisions.

Understand the application of differential analysis in various management decision contexts.

Familiarize with the theory of constraints and its significance in manufacturing strategy.

---

Definitions:

Governments

Entities responsible for governing a geographic area and its population, including making and enforcing laws, managing public resources, and providing services to citizens.

Establishing Prices

The process of determining the selling price of goods or services, taking into account factors like costs, market demand, competition, and desired profit margins.

Regulating

The process of controlling or governing according to rules or principles, often carried out by a governmental body.

Price Discount

A reduction from the usual cost of an item or service, used as a strategy to increase customer purchases or reduce inventory.