Which of the Following Is Not One of the COBIT

question 227

Multiple Choice

Which of the following is not one of the COBIT Control Objectives for Information and Related Technology) principles listed in your textbook?

• A) Principle of economic use of resources
• B) Principle of legality
• C) Principle of secure assets
• D) Accounting principles

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Definitions:

Carrying Costs

Expenses incurred by holding inventory over a period, including storage costs, insurance, and opportunity costs.

Credit Policy Effects

The impact of a company's credit policy on its operations, including effects on sales volume, customer relationships, and cash flow.

Cost Factor

A multiplier or rate that helps in estimating the cost of a project, task, or operation based on certain parameters or variables.