The IFAC Suggested Ten Core Principles of Effective Information Technology

question 32

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 Timeframe
• B) Timeliness
• C) Measurable Performance
• D) Benefits Realization

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Definitions:

FICA-Social Security

A U.S. government program funded by payroll taxes, providing benefits to retirees, disabled individuals, and survivors of deceased workers.

Employee Taxes Withheld

Amounts deducted from an employee's paycheck for taxes, including federal and state income tax and payroll taxes.

Times Interest Earned

This metric evaluates a business's capacity to settle its debt liabilities by contrasting its pre-interest and tax earnings with its costs from interest.

Interest Expense

The cost incurred by an entity for borrowing money, paid as interest on debt.