Which of the Following Describes the Benefits of IT Governance

question 15

Multiple Choice

Which of the following describes the benefits of IT governance?

• A) Places structure around how organizations align IT strategy with business strategy
• B) Ensures companies stay on track to achieve their strategies and goals
• C) Implementing good ways to measure IT's performance
• D) All of the above

---

Definitions:

GAAP

Commonly followed accounting rules and standards for financial reporting, referred to as Generally Accepted Accounting Principles.

Fair Value

The compensation received for an asset's sale or the expenditure for a liability's reassignment in an organized engagement with market participants on the valuation date.

IFRS

International Financial Reporting Standards, which are a set of accounting rules used globally to prepare financial statements.

Revaluation Method

An accounting strategy used to adjust the book value of a fixed asset to reflect its current market value.