IT Governance - CPA Business Environment and Concepts (BEC)

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Question

A research-based firm in the medical field could use each of the following Internet-based tools for collaboration except:

Answer

EDI is a computer to computer exchange of business transaction documents. It is not used for collaboration between humans.

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Question

Engaging in traditional electronic data interchange (EDI) provides which of the following benefits?

Answer

EDI is the exchange of business transaction documents from one computer to another. This is much more efficient than paper exchanges and reduces the likelihood of stockout costs.

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Question

All of the following statements regarding project risk are correct except:

Answer

Anticipating everything that could go wrong throughout the project plans is a part of risk assessment, not risk control.

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Question

A manufacturer that wants to improve its staging process compares its procedures against the check-in process for a major airline. Which of the following tools is the manufacturer using?

Answer

Benchmarking is a process where a company compares itself to peers to measure performance and to understand where improvements can be made in its processes.

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Question

Which of the following statements is correct regarding IT governance?

Answer

Risk management is one of the primary goals of IT governance, as the inevitable risks inherent in IT must always be balanced against the potential returns associated with an IT infrastructure.

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Question

An IT governance framework should answer all of the following questions except:

Answer

IT governance is more focused on the operations and implementation of IT, rather than cosmetic approaches to systems.

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