ISDS 351 Exam #2 UPDATED Exam Quest
ions and CORRECT Answers
IT Governance - CORRECT ANSWER - A framework that ensures that information
technology decisions are made while taking into account a business' goals and objectives.
Why is corporate governance important today
corporate governance importance: - CORRECT ANSWER - Mainly because of many
scandals we have seen today
corporate governance - CORRECT ANSWER - is the set of processes, customs, rules,
procedures, policies, and traditions that determine how to direct and control management
activities
Who are responsible for governance - CORRECT ANSWER - an organization's:
1. executives & 2. board of directors
goals of IT governance. - CORRECT ANSWER - 2 primary goals: (value & risks)
1.ensuring that an organization achieves good value from its investments in IT
2.mitigating IT-related risks
Regulations for compliance. - CORRECT ANSWER - 1. bank secrecy act
2. basel II accord
3. california senate bill 1386
4. european union data protection directive
5. federal information security management act
6. foreign account tax compliance act
7. foreign corrupt practices act
, 8. gramm-leach-bliley act
9. health insurance portability and accountability act (HIPAA)
10. Payment card industry data security standard
11. personal information protection and electronic documents act (Canada)
12. sarbanes-Oxley act
13. USA PATRIOT act
bank secrecy act - CORRECT ANSWER -
basel II accord - CORRECT ANSWER -
california senate bill 1386 - CORRECT ANSWER -
european union data protection directive - CORRECT ANSWER -
federal information security management act - CORRECT ANSWER -
foreign account tax compliance act - CORRECT ANSWER -
foreign corrupt practices act - CORRECT ANSWER -
gramm-leach-bliley act - CORRECT ANSWER -
health insurance portability and accountability act (HIPAA) - CORRECT ANSWER -
Payment card industry data security standard - CORRECT ANSWER -
ions and CORRECT Answers
IT Governance - CORRECT ANSWER - A framework that ensures that information
technology decisions are made while taking into account a business' goals and objectives.
Why is corporate governance important today
corporate governance importance: - CORRECT ANSWER - Mainly because of many
scandals we have seen today
corporate governance - CORRECT ANSWER - is the set of processes, customs, rules,
procedures, policies, and traditions that determine how to direct and control management
activities
Who are responsible for governance - CORRECT ANSWER - an organization's:
1. executives & 2. board of directors
goals of IT governance. - CORRECT ANSWER - 2 primary goals: (value & risks)
1.ensuring that an organization achieves good value from its investments in IT
2.mitigating IT-related risks
Regulations for compliance. - CORRECT ANSWER - 1. bank secrecy act
2. basel II accord
3. california senate bill 1386
4. european union data protection directive
5. federal information security management act
6. foreign account tax compliance act
7. foreign corrupt practices act
, 8. gramm-leach-bliley act
9. health insurance portability and accountability act (HIPAA)
10. Payment card industry data security standard
11. personal information protection and electronic documents act (Canada)
12. sarbanes-Oxley act
13. USA PATRIOT act
bank secrecy act - CORRECT ANSWER -
basel II accord - CORRECT ANSWER -
california senate bill 1386 - CORRECT ANSWER -
european union data protection directive - CORRECT ANSWER -
federal information security management act - CORRECT ANSWER -
foreign account tax compliance act - CORRECT ANSWER -
foreign corrupt practices act - CORRECT ANSWER -
gramm-leach-bliley act - CORRECT ANSWER -
health insurance portability and accountability act (HIPAA) - CORRECT ANSWER -
Payment card industry data security standard - CORRECT ANSWER -
