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

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Definitions:

Compensating Balance

A minimum account balance that a borrower is required to maintain with a lender, often used to offset the cost of a loan.

Loan Agreement

A contract between a borrower and a lender outlining the terms and conditions of a loan.

Excess Funds

Financial resources that exceed the current needs or obligations of a company or individual, available for investment or other purposes.

Short-Term Financial Plan

A financial strategy or planning document that outlines the revenue, expenses, and cash flow for a business over a short period, typically less than one year.