The COBIT Framework Can Be Used to Strengthen Internal Controls

question 19

Multiple Choice

The COBIT framework can be used to strengthen internal controls against computer crime by:

• A) Helping information systems professionals identify and assess risk.
• B) Listing the internal controls every organization should implement.
• C) Requiring a SAS 70 audit.
• D) Specifying which encryption method is most secure.

---

Definitions:

Debt

An amount of money borrowed by one party from another, often for making large purchases that they could not afford under normal circumstances, which needs to be paid back.

FICA

Federal Insurance Contributions Act; a United States federal payroll tax imposed on both employees and employers to fund Social Security and Medicare.

Federal Income Taxes

Taxes imposed by the federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.

Form 941

A U.S. tax form used by employers to report quarterly federal payroll taxes.