Control Objectives for Information and Related Technology (COBIT) Is Often

question 5

Multiple Choice

Control Objectives for Information and related Technology (COBIT) is often used in the ________ stage of the business process management (BPM) cycle.

• A) component creation
• B) implementation
• C) assessment
• D) process modeling
• E) maintenance

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Definitions:

Discount Rate

The interest rate used to discount future cash flows of a financial instrument to present value.

Present Obligation

A duty or responsibility that is expected to be settled in the future, recognized as a liability.

Past Event

An event or transaction that has occurred prior to the balance sheet date, impacting the financial position or performance of an entity.