The CoBIT Framework Can Be Used to Strengthen Internal Controls

question 58

Short Answer

The CoBIT framework can be used to strengthen internal controls against computer crime in various ways.Indicate whether each statement below is (a) always true, (b) sometimes true or (c) never true.1.As a form of internal control, each step of the systems development life cycle focuses on one of CoBIT's enablers.2.CoBIT can be used in conjunction with the COSO internal control framework to identify appropriate control activities.3.CoBIT's principles provide detailed standards for evaluating information inputs and outputs that can help strengthen internal control.4.As defined in CoBIT, organizational stakeholders include management and employees.5.The COSO enterprise risk management framework requires the use of CoBIT to identify risks.

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Definitions:

Advertising

The act of promoting products, services, or brands through various forms of media to attract or engage the target audience.

Selling

The process of persuading someone to buy a product or service.

Marketing Concept

A business philosophy that focuses on identifying and meeting the needs and wants of customers to achieve the organization's goals.

Sales Orientation

A marketing strategy in which personal selling and advertising are used to persuade consumers to buy new products and more of existing products.