Question 1

Which of the following best pairs a COBIT enabler with an element of the FASB conceptual framework of accounting?
A)processes, the process of producing financial statements
B)information, elements of financial statements
C)culture, international elements of the conceptual framework
D)organizational structures, assumptions/principles/constraints on those structures

Accepted Answer

COBIT enabler "information" is best paired with the FASB conceptual framework element "elements of financial statements" because information is a critical component in the preparation of financial statements and the FASB framework defines the key elements that are necessary to present a complete and accurate financial picture of an organization.

Question 2

Following the principles and enablers of COBIT will enable organizations to better:
A)apply the systems development life cycle.
B)address all elements of the C-I-A triad.
C)focus on technical controls, since they are generally more important than physical and administrative controls.
D)ensure that they address all categories of Brown's risk taxonomy.

Accepted Answer

COBIT focuses on all elements of the C-I-A (Confidentiality, Integrity, Availability) triad, which forms the foundation of information security. While COBIT does cover the systems development life cycle and risk management, it also emphasizes the importance of administrative and physical controls as well as technical controls. Therefore, options A, C, and D are not the best choices.

Question 3

COBIT's enablers include people, skills and competencies.Personal competencies needed by accounting professionals include:
A)legal/regulatory perspective
B)measurement
C)professional demeanor
D)all of these

Accepted Answer

The answer of COBIT's enablers include people, skills and competencies.Personal...

Question 4

According to ISACA, one of COBIT's enablers is required for keeping the organization running and well governed; that enabler is often the key product of the enterprise itself.It is therefore most closely related to which generic element of the accounting information system?
A)inputs
B)internal control
C)storage
D)outputs

Accepted Answer

Outputs are the key products of an enterprise's accounting information system, reflecting the information that is produced to support decision-making, governance, and control processes, aligning with the role of COBIT's enabler for keeping the organization running and well governed.

Question 5

COBIT's enablers include "information." According to ISACA, information is very often the key product of the enterprise itself.Which of the following best exemplifies ISACA's explanation?
A)A CPA firm
B)A computer manufacturer
C)A textbook publisher
D)A college bookstore

Accepted Answer

The answer of COBIT's enablers include "information." According to ISACA,...

Question 6

According to ISACA, one of COBIT's enablers is required for successful completion of all activities.Which of the following is most closely related to that enabler?
A)AICPA Core Competency framework
B)COSO internal control framework
C)COSO enterprise risk management framework
D)Capability Maturity Model

Accepted Answer

The answer of According to ISACA, one of COBIT's enablers...

Question 7

COBIT's enablers include organizational structures.Based on ISACA's explanation, which of the following are most appropriately paired?
A)sales/collection process, vice president of marketing
B)conversion process, vice president of conversion
C)human resources process, payroll clerk
D)financing process, bank teller

Accepted Answer

The sales/collection process is typically overseen by the vice president of marketing, as it involves activities related to sales and customer interactions.

Question 8

According to ISACA, one of COBIT's enablers is an organized set of practices and activities to achieve certain objectives.That enabler is most closely related to:
A)the steps in the accounting cycle
B)Brown's risk taxonomy
C)Carter's taxonomy
D)none of these

Accepted Answer

COBIT's enabler is most closely related to the steps in the accounting cycle because it is an organized set of practices and activities to achieve certain objectives. The steps in the accounting cycle are a set of organized activities that are performed in order to achieve the objective of preparing financial statements.

Question 9

COBIT's principles include the need to separate governance from management.Based on Carter's taxonomy, which types of computer crime are most likely to occur if governance and management are not separated?
A)target and instrumentality
B)incidental and associated
C)target and associated
D)Cannot be determined from the information given

Accepted Answer

Carter's taxonomy of computer crime does not directly relate to the separation of governance and management as described in COBIT's principles. Therefore, the types of computer crime that might occur cannot be determined solely based on the information about the separation of governance and management.

Question 10

COBIT's enablers include services, infrastructure and applications.Which of the following best pairs one of those with an example based on ISACA's explanation of the enabler?
A)services, payroll department
B)applications, software that calculates payroll amounts
C)Both services, payroll department and applications, software that calculates payroll amounts
D)Neither services, payroll department nor applications, software that calculates payroll amounts

Accepted Answer

Both services and applications are related to payroll processing, with services referring to the overall function performed by the payroll department and applications referring to the specific software used to perform calculations.

Question 11

COBIT's enablers include organizational processes.Which of the following best pairs a common process with an output of the process?
A)conversion process, cost of production report
B)financing process, depreciation schedule for long-term bonds
C)Both conversion process, cost of production report and financing process, depreciation schedule for long-term bonds
D)Neither conversion process, cost of production report nor financing process, depreciation schedule for long-term bonds

Accepted Answer

The conversion process, which involves transforming raw materials into finished goods, naturally results in the generation of a cost of production report. This report details the expenses incurred during production, aligning with the output expected from a conversion process.

Question 12

COBIT's enablers include principles, policies and frameworks.Which of the following provides the best example of that enabler based on ISACA's explanation?
A)a risk/control matrix
B)a comprehensive set of financial statements
C)a corporate tax return
D)all of these

Accepted Answer

A risk/control matrix is an example of a policy that enables the implementation of COBIT's processes and practices. The other options are not directly related to COBIT's enablers.

Question 13

Carter suggested a four-part taxonomy for classifying computer crime.Which of the following contains elements that would help an accounting professional prevent one or more of the four types?
A)COBIT
B)AICPA Core Competencies framework
C)Both COBIT and AICPA Core Competencies framework
D)Neither COBIT nor AICPA Core Competencies framework

Accepted Answer

Both COBIT (Control Objectives for Information and Technology) and AICPA (American Institute of Certified Public Accountants) Core Competencies framework provide guidance for accounting professionals to prevent computer crime. COBIT provides a framework for governance and control of technology while AICPA Core Competencies framework provides guidance on knowledge, skills, and abilities necessary for maintaining competency in the profession. Both of these frameworks can be used by accounting professionals to prevent computer crime.

Question 14

Which of the following best pairs a COBIT enabler with a broad category of information technology controls?
A)processes, process controls
B)policies, administrative controls
C)behavior, behavioral controls
D)information, C-I-A triad controls

Accepted Answer

COBIT enablers include policies, processes, organizational structures, skills and culture, information, services, infrastructure, and applications. Broad categories of information technology controls include administrative controls (e.g. policies, procedures, guidelines), technical controls (e.g. access controls, encryption), and physical controls (e.g. locks, security cameras). Therefore, the best pairing is policies with administrative controls.

Question 15

According to COBIT 5, an organization's information technology governance and management should separate governance from management.In that context, examples of management include:
A)developing a comprehensive organizational budget.
B)deciding the dollar amount of an upcoming dividend.
C)Both developing a comprehensive organizational budget and deciding the dollar amount of an upcoming dividend.
D)Neither developing a comprehensive organizational budget nor deciding the dollar amount of an upcoming dividend.

Accepted Answer

The answer of According to COBIT 5, an organization's information...

Question 16

COBIT's enablers include people, skills and competencies.According to the AICPA, broad business perspective competencies needed by accounting professionals include:
A)legal and global
B)legal and measurement
C)global and measurement
D)legal, global and measurement

Accepted Answer

The answer of COBIT's enablers include people, skills and competencies.According...

Question 17

COBIT's enablers include culture, ethics and behavior.Establishing an organizational culture that values honesty is least likely to prevent which of the following risks to information systems?
A)error
B)fraud
C)extortion
D)malicious processes

Accepted Answer

While an ethical culture can help reduce the risk of fraud and malicious processes, it is less likely to address the risk of simple errors in the system. Other enablers, such as policies, procedures, and training, may be more effective in preventing errors.

Question 18

Carter suggested a four-part taxonomy for classifying computer crime; COBIT identified a series of enablers to make the best possible use of information and information technology vis-à-vis the needs of organizational stakeholders.Which of the following pairs a COBIT enabler with an element of Carter's taxonomy?
A)Information and target, because the "target" category focuses on system information.
B)Instrumentality and processes, because the "instrumentality" category always involves at least two business processes.
C)Associated and principles/policies/frameworks, because the "associated" category involves comprising organizational policies.
D)All of these are good pairings of COBIT enablers and Carter categories.

Accepted Answer

Information is a COBIT enabler that aligns with the "target" category of Carter's taxonomy, which focuses on system information.

Question 19

COBIT's enablers include culture, ethics and behavior.Which element of the COSO internal control framework is most closely related to that enabler?
A)control environment
B)control behaviors
C)behavioral environment
D)all of these

Accepted Answer

The COSO internal control framework includes five elements: control environment, risk assessment, control activities, information and communication, and monitoring activities. The control environment is most closely related to COBIT's enablers of culture, ethics, and behavior, as it emphasizes the importance of ethical values and expected behaviors within an organization's control environment. Control behaviors and behavioral environment are not specific elements of the COSO framework.

Question 20

COBIT's enablers include people, skills and competencies.Functional competencies needed by accounting professionals include:
A)legal/regulatory perspective
B)measurement
C)professional demeanor
D)all of these

Accepted Answer

The answer of COBIT's enablers include people, skills and competencies.Functional...

Quiz 10: Computer Crime and Information Technology Security

Which of the following best pairs a COBIT enabler with an element of the FASB conceptual framework of accounting?

Following the principles and enablers of COBIT will enable organizations to better:

COBIT's enablers include people, skills and competencies.Personal competencies needed by accounting professionals include:

According to ISACA, one of COBIT's enablers is required for keeping the organization running and well governed; that enabler is often the key product of the enterprise itself.It is therefore most closely related to which generic element of the accounting information system?

COBIT's enablers include "information." According to ISACA, information is very often the key product of the enterprise itself.Which of the following best exemplifies ISACA's explanation?

According to ISACA, one of COBIT's enablers is required for successful completion of all activities.Which of the following is most closely related to that enabler?

COBIT's enablers include organizational structures.Based on ISACA's explanation, which of the following are most appropriately paired?

According to ISACA, one of COBIT's enablers is an organized set of practices and activities to achieve certain objectives.That enabler is most closely related to:

COBIT's principles include the need to separate governance from management.Based on Carter's taxonomy, which types of computer crime are most likely to occur if governance and management are not separated?

COBIT's enablers include services, infrastructure and applications.Which of the following best pairs one of those with an example based on ISACA's explanation of the enabler?

COBIT's enablers include organizational processes.Which of the following best pairs a common process with an output of the process?

COBIT's enablers include principles, policies and frameworks.Which of the following provides the best example of that enabler based on ISACA's explanation?

Carter suggested a four-part taxonomy for classifying computer crime.Which of the following contains elements that would help an accounting professional prevent one or more of the four types?

Which of the following best pairs a COBIT enabler with a broad category of information technology controls?

According to COBIT 5, an organization's information technology governance and management should separate governance from management.In that context, examples of management include:

COBIT's enablers include people, skills and competencies.According to the AICPA, broad business perspective competencies needed by accounting professionals include:

COBIT's enablers include culture, ethics and behavior.Establishing an organizational culture that values honesty is least likely to prevent which of the following risks to information systems?

COBIT's enablers include culture, ethics and behavior.Which element of the COSO internal control framework is most closely related to that enabler?

COBIT's enablers include people, skills and competencies.Functional competencies needed by accounting professionals include: