10/1/25, 6:01 AM UTK INMT 341 Final EXAM Questions and Answers (Verified Answers) (Latest Update 2025) UPDATE!! Flashcards | Quizlet
UTK INMT 341 Final EXAM Questions and Answers
(Verified Answers) (Latest Update 2025) UPDATE!!
Save
Terms in this set (108)
Governing/managing processes, technology, and
Governance
systems
Identifying (and controlling) the risks associated with
Risk Management
processes, technologies, and systems
Adhering to the laws and regulations that govern
Compliance organizations (which can vary based on industry,
location, and organizational structure)
- describes a formal framework that provides a
structure for organizations to ensure that IT
investments support business objectives
Roles of Governance IT - a subset of overall organizational governance
- business issue, not technology issue
- includes processes that inform, direct, manage, and
monitor organizational activities
https://quizlet.com/1085516529/utk-inmt-341-final-exam-questions-and-answers-verified-answers-latest-update-2025-update-flash-cards/ 1/11
, 10/1/25, 6:01 AM UTK INMT 341 Final EXAM Questions and Answers (Verified Answers) (Latest Update 2025) UPDATE!! Flashcards | Quizlet
A measure of the potential for loss or damage when a
threat exploits a vulnerability
- can come from internal or external sources
- ex: economic/market risk, financial risk, fraud risk,
Risk
operational risk, security/privacy, etc
RISK MANAGEMENT CAN LEAD TO THE NEED FOR
CONTROLS AND SECURITY MEASURES (to reduce
risks)
1. Enterprise (Business) Risk
- any risk that could potentially affect business
objectives
2. I&T Risk
Different Types of Risk - IT-related risk that could potentially impact the
business
3. Audit Risk
- the risk that an auditor has expressed an
inappropriate opinion
Weakness or flaw in an information asset/system
(infrastructure, networks, or applications) that
potentially exposes an entity to threats
Vulnerability
- Examples: lack of user knowledge, lack of security
functionality, no user awareness, etc
Threat Actors: entities who can create/pose a threat
Threat: an event or condition that has the potential for
causing asset loss and or undesirable consequences
Threats/Threat Actors
or impact (accidental, intentional, internal or external)
Examples: destruction, disclosure, errors, fraud,
intrusion, theft, etc
https://quizlet.com/1085516529/utk-inmt-341-final-exam-questions-and-answers-verified-answers-latest-update-2025-update-flash-cards/ 2/11
UTK INMT 341 Final EXAM Questions and Answers
(Verified Answers) (Latest Update 2025) UPDATE!!
Save
Terms in this set (108)
Governing/managing processes, technology, and
Governance
systems
Identifying (and controlling) the risks associated with
Risk Management
processes, technologies, and systems
Adhering to the laws and regulations that govern
Compliance organizations (which can vary based on industry,
location, and organizational structure)
- describes a formal framework that provides a
structure for organizations to ensure that IT
investments support business objectives
Roles of Governance IT - a subset of overall organizational governance
- business issue, not technology issue
- includes processes that inform, direct, manage, and
monitor organizational activities
https://quizlet.com/1085516529/utk-inmt-341-final-exam-questions-and-answers-verified-answers-latest-update-2025-update-flash-cards/ 1/11
, 10/1/25, 6:01 AM UTK INMT 341 Final EXAM Questions and Answers (Verified Answers) (Latest Update 2025) UPDATE!! Flashcards | Quizlet
A measure of the potential for loss or damage when a
threat exploits a vulnerability
- can come from internal or external sources
- ex: economic/market risk, financial risk, fraud risk,
Risk
operational risk, security/privacy, etc
RISK MANAGEMENT CAN LEAD TO THE NEED FOR
CONTROLS AND SECURITY MEASURES (to reduce
risks)
1. Enterprise (Business) Risk
- any risk that could potentially affect business
objectives
2. I&T Risk
Different Types of Risk - IT-related risk that could potentially impact the
business
3. Audit Risk
- the risk that an auditor has expressed an
inappropriate opinion
Weakness or flaw in an information asset/system
(infrastructure, networks, or applications) that
potentially exposes an entity to threats
Vulnerability
- Examples: lack of user knowledge, lack of security
functionality, no user awareness, etc
Threat Actors: entities who can create/pose a threat
Threat: an event or condition that has the potential for
causing asset loss and or undesirable consequences
Threats/Threat Actors
or impact (accidental, intentional, internal or external)
Examples: destruction, disclosure, errors, fraud,
intrusion, theft, etc
https://quizlet.com/1085516529/utk-inmt-341-final-exam-questions-and-answers-verified-answers-latest-update-2025-update-flash-cards/ 2/11
