CPA ISC EXAM QUESTIONS WITH
CORRECT ANSWERS
What is the COBIT framework? - Correct Answers -Control Objectives for information &
related technology.
What does COBIT distinguish between governance and management? - Correct
Answers -Governance 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? - Correct Answers -COBIT 5
Six principles of governance system
three principles of governance framework
other standards and regulations
community contributions
What is IT infrastructure? (Examples) - Correct Answers -Multiple interconnected logical
components
(Hardware , Software, Authorized Personnel)
What is a SOC 2 engagement report ? - Correct Answers -Used when a company uses
another company to manage there IT Infrastructure.
When a 3rd party evaluates the internal controls of a service provider as it relates to the
AICPA's 5 trusted services criteria:
1.) security
2.) availability
3.) Processing integrity
4.) confidentiality
5.) Privacy
What are the 6 principles of governance systems? - Correct Answers -Very 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 ? - Correct Answers -CFA
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? - Correct Answers -EDM
1.) Evaluate -
2.) Direct
3.) Monitor
Ensure risk optimization
Ensure stakeholder engagement - shareholder satisfaction
What are the 4 management objectives domain? - Correct Answers -APO
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 -
CORRECT ANSWERS
What is the COBIT framework? - Correct Answers -Control Objectives for information &
related technology.
What does COBIT distinguish between governance and management? - Correct
Answers -Governance 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? - Correct Answers -COBIT 5
Six principles of governance system
three principles of governance framework
other standards and regulations
community contributions
What is IT infrastructure? (Examples) - Correct Answers -Multiple interconnected logical
components
(Hardware , Software, Authorized Personnel)
What is a SOC 2 engagement report ? - Correct Answers -Used when a company uses
another company to manage there IT Infrastructure.
When a 3rd party evaluates the internal controls of a service provider as it relates to the
AICPA's 5 trusted services criteria:
1.) security
2.) availability
3.) Processing integrity
4.) confidentiality
5.) Privacy
What are the 6 principles of governance systems? - Correct Answers -Very 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 ? - Correct Answers -CFA
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? - Correct Answers -EDM
1.) Evaluate -
2.) Direct
3.) Monitor
Ensure risk optimization
Ensure stakeholder engagement - shareholder satisfaction
What are the 4 management objectives domain? - Correct Answers -APO
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 -
