The Proper Management, Control, and Use of IT Systems Are

question 21

Multiple Choice

The proper management, control, and use of IT systems are known as:

• A)IT Governance
• B)IT Controls
• C)IT Risk Management
• D)IT Code of Ethics

---

Definitions:

Basic Financial Statements

Financial documents, including the income statement, balance sheet, statement of cash flows, and statement of retained earnings, that provide an overview of a company's financial condition.

Statement of Cash Flows

A financial statement that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments during a given period.

Bonds Payable

A financial accounting term that represents the amount owed by an entity to bondholders, typically a long-term liability on a company's balance sheet associated with borrowing through issuing bonds.

Separate Schedule

A detailed plan or chart made independently from other planning documents, focusing on specific activities or resources.