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:

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing to do one thing over another.

Coconuts

Tropical fruits with a hard shell, edible flesh, and water inside, often used as food or in beverages.

Fish

Aquatic animals that are caught or farmed for human consumption, as well as for recreational fishing, aquarium keeping, and other uses.

Inefficient Combination

A situation where resources are not being used to their fullest potential, resulting in wasted capacity or unmet demand.