The IFAC Suggested Ten Core Principles of Effective Information Technology

question 17

Multiple Choice

The IFAC suggested ten core principles of effective information technology planning.Which of these are not one of those ten core principles?

• A) Relevant Scope
• B) Reassessment
• C) Reliability
• D) Benefits Realization

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Definitions:

Par Value

The face value of a bond or stock, assigned at the time of issuance, representing the minimum amount the security can be sold for.

Semiannual Interest

Interest that is calculated and paid twice a year, often used in the context of bonds and loans.

Present Value

The valuation in today's terms of a sum of money expected in the future or regular cash flows, using a predetermined rate of return.

Straight-line Amortization

Straight-line amortization is a method of processing the gradual reduction of the book value of an intangible asset over its useful life in equal installments.