SEC 592 Midterm Exam. SEC 592 IT Governance
Question Type: Multiple Choice: 15, Essay: 4
Question 1. (TCO A) The COBIT domain that includes using SLAs or baselines to determine how well processes are performing is __________.
Question 2. (TCO B) A chief compliance officer (COO) __________.
Question 3. (TCO C) Delivery and Support domain control objective 10 of COBIT __________.
Question 4. (TCO A The components of COSO’s Enterprise Risk Management include all of the following except __________.
Question 5. (TCO B) Enterprise Resource Planning systems
Question 6. (TCO A) What is one of the ways IT does not deliver value to an organization?
Question 7. (TCO C) If someone does not do his or her due care, the person could be considered __________.
Question 8. (TCO B) Data retention requirements refer to which form of control of data?
Question 9. (TCO A) On average, United States companies with a market capitalization of greater than $75 million spend how much to comply with Section 404 of Sarbanes-Oxley?
Question 10. (TCO C) One of the goals of the European Community Financial Services Action Plan, Solvency II is to __________.
Question 1. (TCO B) Which is not a class of the Statement of Accounting Standards (SAS) 31?
Question 2. (TCO A) What is the title of Section 404 of SOX?
Question 3. (TCO C) Which of the following is not a risk strategy required under Solvency II?
Question 4. (TCO B) Which of the following is not a best practice to ensure good governance and ethics in an organization?
Question 5. (TCO A) Section 404 of Sarbanes-Oxley requires executive management for which of the following?
Question 6. (TCO A) What are the six areas of COBIT? Describe them in detail.
Question 7. (TCO B) Explain the criteria you would use to assess the appropriateness of control objectives under the planning and organization domain of COBIT? What is the purpose of this domain?
Question 8. (TCO C) Analyze and discuss how the Health Insurance Portability and Accountability Act (HIPPA) helps to improve the U.S. healthcare industry. What are some of its challenges?
Question 9. (TCO B) Describe the Delivery and Support domain of COBIT.