COBIT Stands For

question 112

Multiple Choice

COBIT stands for:

• A) Centralized Operations for Business Information Technologies
• B) Compressed Operational BITs (Binary Digits)
• C) Computerized Objectives and Internet Technologies
• D) Control Objectives for Information and related Technology

---

Definitions:

Interest Rate

The fraction of a loan incurred as interest cost to the borrower, often expressed annually as a percentage of the total loan amount still due.

Interest Rate

The cost of borrowing money or the reward for saving, usually expressed as a percentage of the principal amount per annum.

Years From Now

This term projects a future timeline or point in time from the present moment.

Interest Rate

The amount charged on top of the principal by lenders to borrowers, usually expressed as an annual percentage of the loan.