The Function of COBIT Is to

question 62

Multiple Choice

The function of COBIT is to

• A) provide a framework for SDLC.
• B) enforce the law on corporate IT governance.
• C) lobbying on behalf of the IT industry.
• D) help organizations get the best from their IT investments.
• E) draft legislation.

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Definitions:

Close Substitutes

Products or services that can easily replace each other in the eyes of consumers due to their similar functions or characteristics.

Imperfectly Competitive

A market structure where individual producers have some control over the price and supply of products, as opposed to perfect competition where no single producer can influence the market.

Market Price

The prevailing rate at which a commodity or service is available for purchase or sale in a specific market.

Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a given price over a specific time period.