The COBIT Framework Can Be Used to Strengthen Internal Controls

question 51

Multiple Choice

The COBIT framework can be used to strengthen internal controls against computer crime by helping information systems professionals: (i) identify risk, (ii) assign responsibility, (iii) designate authority.

• A) i and ii only.
• B) i and iii only.
• C) ii and iii only.
• D) i, ii and iii.

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Definitions:

Assessed Valuation

The valuation assigned to property by a public tax assessor for the purpose of taxation.

Market Value

The current price at which an asset or service can be bought or sold in the open market.

Assessed Valuation

The dollar value assigned to a property by a public tax assessor for the purposes of taxation.

Tax Rate

The percentage at which an individual or corporation is taxed.