CPA BEC UPDATED Exam Questions and CORRECT Answers

COBIT Model Provides framework for the implementation of information technology into the control system of an organization, so the organization understands the risks involved in doing so. Basic COBIT Framework is aimed at figuring out 3 main things: 1. What are the business requirements of an IT system for our business? 2. What IT resources would be necessary to implement such a system? 3. What IT processes do we need to figure out to implement such a system? Four main "domains" to the COBIT Model: 1. Planning and Organization: How the IT system helps accomplish business objectives 2. Acquisition and Implementation: How the business acquires and develops IT solutions that address business objectives 3. Delivery and support: How the company can best deliver required IT services including operations, security, and training 4. Monitoring: How the company can periodically assess the IT processes for quality and control