Which of the Following Is Not One of the Five

question 35

Multiple Choice

Which of the following is not one of the five principles of COBIT5?

• A)meeting stakeholder needs
• B)covering the enterprise end-to-end
• C)enabling a holistic approach
• D)improving organization efficiency

Grasp the foundational ethical theories, including duty-based ethics, outcome-based ethics, and the principle of rights theory.

Distinguish between legal compliance and ethical decision-making beyond the law.

Understand the impact of laws, such as the Sarbanes-Oxley Act, on promoting ethical business practices.

Evaluate the effectiveness of industry codes of ethics based on leadership commitment to enforcement.

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Definitions:

Floating Exchange Rate

A currency valuation system that allows the value of the currency to fluctuate according to the foreign exchange market.

World War II

A global conflict that took place from 1939 to 1945, involving most of the world's nations, including all of the great powers, eventually forming two opposing military alliances: the Allies and the Axis.

Indirect Quote

A way of expressing the foreign exchange rate as the amount of foreign currency required to buy or sell one unit of the domestic currency.

Consolidated Statements

Financial documents that combine the accounting records of a parent company with its subsidiaries, offering a comprehensive view of the corporate group’s financial status.