One Step in Developing a Knowledge Management System Is to Create

question 7

Multiple Choice

One step in developing a knowledge management system is to create a visual map that describes units of knowledge and the relationships between them.In creating a knowledge management system focused on internal control, such a map might include which of the following?

• A)COSO framework
• B)COBIT framework
• C)Both COSO framework and COBIT framework
• D)Neither COSO framework nor COBIT framework

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Definitions:

Odd-Even Pricing

A psychological pricing strategy where prices are set to just below a whole number to make the price appear significantly lower to consumers.

Deceptive Pricing Practices

Techniques used by sellers to mislead consumers about the true price of a product, making it seem cheaper than it actually is.

Retainer Fee

An upfront cost paid to secure the services of a consultant, freelancer, lawyer, or other professional for a specified period of time.

Barter

A system of exchange where goods or services are directly exchanged for other goods or services without using a medium of exchange, such as money.