Which of the Following Is a Concern of the Acquire

question 5

Multiple Choice

Which of the following is a concern of the acquire and implement stage in the COBIT framework?
(i) How various IT solutions are to be acquired by the organisation and how well they map to existing organisational processes.
(ii) The selection and implementation processes that will provide complete assurance that any adopted system will work as intended once implemented and will communicate with existing systems.
(iii) The selection and implementation processes that will provide complete assurance that any adopted system can be put in place on time.
(iv) The selection and implementation processes that will provide complete assurance that any adopted system will meet the business needs.

• A)(i)only
• B)(ii)(iv)only
• C)(ii)(iii)(iv)
• D)(i)(ii)(iii)(iv)

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Definitions:

Significant Influence

The ability to be involved in the financial and managerial policy decisions of an investment without having controlling authority over those policies.

Fair Value Through Profit or Loss

An accounting approach where financial assets are valued at their current market price, with changes in fair value reported in the profit or loss statement.

Journal Entries

The record of financial transactions in the books of accounts in chronological order, showing the accounts and amounts debited and credited.

Significant Influence

The power to participate in the financial and operating policy decisions of a business, without controlling it.