_____ Is a Set of Guidelines Whose Goal Is to Align

question 59

Multiple Choice

_____ is a set of guidelines whose goal is to align information technology resources and processes with business objectives,quality standards,monetary controls,and security needs.

• A)International Standards Organization (ISO)27002
• B)Control Objectives for Information and Related Technology (COBIT)
• C)Committee of Sponsoring Organizations (COSO)2013
• D)Information Infrastructure Library (ITIL)

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Definitions:

Unit Product Cost

The total cost (direct materials, direct labor, and overhead) associated with producing one unit of a product.

Year 1

Typically refers to the first year of operation, reporting, or analysis in a specific context.

Absorption Costing

A method of inventory costing in which all costs of production (both variable and fixed) are treated as product costs.

Cost Of Goods Sold

An accounting term representing the direct costs attributable to the production of goods sold by a company, including materials and labor.