According to COBIT 5, an Organization's Information Technology Governance and Management

question 3

Multiple Choice

According to COBIT 5, an organization's information technology governance and management should enable a holistic approach.Which of the following frameworks provides the most holistic view of an organization?

• A)FASB Conceptual Framework
• B)AICPA Core Competencies Framework
• C)Brown's risk taxonomy
• D)Vroom's expectancy theory

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Definitions:

Borrowing Need

The necessity for an individual or organization to raise funds through loans or debt issuance to finance its operations or investments.

Costs Of Placing An Order

Expenses associated with ordering inventory, including administrative costs, shipping, handling, and procurement costs, critical in managing inventory levels.

Shortage Cost

Costs incurred from not having enough inventory or resources to meet demand, including lost sales and dissatisfied customers.

Cumulative Cash Surplus

The total amount of cash that exceeds the initial investment or expenses over a period.