CPA ISC Exam questions and answers
What is the COBIT framework? - AnswerControl Objectives for information & related technology.
What does COBIT distinguish between governance and management? - AnswerGovernance is Board
of directors (audit committee
executive committee, ,marketing committee)
Management (day-to-day operations all officer positions) CEO CFO
What was used to develop COBIT 2019? - AnswerCOBIT 5
Six principles of governance system
three principles of governance framework
other standards and regulations
community contributions
What are the 6 principles of governance systems? - AnswerVery healthy dieters dont try everything -
VHDDTE
1.) Value - Create shareholder value - needs shares to rise - balance risk versus return.
2.) Holistic - Holistic approach - encompasses all IT components
3.) Dynamic - Dynamic governance system - Allows change
4.) Distinct - Governance distinct from management - Governance systems and management
activities need to be separated
5.) Tailored - Tailored to enterprise needs - needs to be customizable based of business needs
6.) End-To-End - End to end governance systems - end user cell phones, tablets, software
What are the three principles for governance framework ? - AnswerCFA
, 1.) Based on Conceptual model - identify key components between IT see where we can implement
automation
2.) Open and Flexible - Frameworks needs to be able to change
3.) Aligned.to major standards - Laws & regulations
What are the governance objectives domain? - AnswerEDM
1.) Evaluate -
2.) Direct
3.) Monitor
Ensure risk optimization
Ensure stakeholder engagement - shareholder satisfaction
What are the 4 management objectives domain? - AnswerAPO
1.) Align - choose IT based off strategy
2.) Planning- How to effectively us technology
3.) Organize - efficiency
BAI
1.) Build -
2.) Aquire -
3.) Implement
DSS
1.) Deliver
2.) Service - Make sure it works
3.) Support -
MEA
What is the COBIT framework? - AnswerControl Objectives for information & related technology.
What does COBIT distinguish between governance and management? - AnswerGovernance is Board
of directors (audit committee
executive committee, ,marketing committee)
Management (day-to-day operations all officer positions) CEO CFO
What was used to develop COBIT 2019? - AnswerCOBIT 5
Six principles of governance system
three principles of governance framework
other standards and regulations
community contributions
What are the 6 principles of governance systems? - AnswerVery healthy dieters dont try everything -
VHDDTE
1.) Value - Create shareholder value - needs shares to rise - balance risk versus return.
2.) Holistic - Holistic approach - encompasses all IT components
3.) Dynamic - Dynamic governance system - Allows change
4.) Distinct - Governance distinct from management - Governance systems and management
activities need to be separated
5.) Tailored - Tailored to enterprise needs - needs to be customizable based of business needs
6.) End-To-End - End to end governance systems - end user cell phones, tablets, software
What are the three principles for governance framework ? - AnswerCFA
, 1.) Based on Conceptual model - identify key components between IT see where we can implement
automation
2.) Open and Flexible - Frameworks needs to be able to change
3.) Aligned.to major standards - Laws & regulations
What are the governance objectives domain? - AnswerEDM
1.) Evaluate -
2.) Direct
3.) Monitor
Ensure risk optimization
Ensure stakeholder engagement - shareholder satisfaction
What are the 4 management objectives domain? - AnswerAPO
1.) Align - choose IT based off strategy
2.) Planning- How to effectively us technology
3.) Organize - efficiency
BAI
1.) Build -
2.) Aquire -
3.) Implement
DSS
1.) Deliver
2.) Service - Make sure it works
3.) Support -
MEA
