Which of the Following Frameworks Is Widely Used by Managers

question 59

Multiple Choice

Which of the following frameworks is widely used by managers to organize and evaluate their corporate governance structure?

• A)COBIT
• B)COSO
• C)NIST
• D)SAS No.94

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Definitions:

Operating Expenses

The costs associated with a company's main operational activities, excluding the cost of goods sold, interest, and taxes.

Income from Operations

The earnings generated from a company's core business operations, excluding any income from investments or other non-operational sources.

Net Sales

Revenue from sales after deducting returns, allowances for damaged goods, and discounts.