1. Standards for the professional practice of internal auditing include _____________ standards, _____________ standards, and ____________ standards.

2. IT management processes, as defined in the COBIT Framework include _____________objectives, _____________ practices, _____________ guidelines, and _____________guidelines.

3. COSO defined five components that would assist management in achieving internal control objectives. These include: Sound _____________ Environment, Sound _____________Assessment, Sound _____________ and _____________ Systems, Sound _____________ Control Activities, and Process Effective _____________.

4. ______________ and ___________ are the statement of corporate intent.

5. _____________ are high-level and detailed generic statements of minimum good control.6. _____________ are practical rationales and how-to-implement guidance for the control objectives.

7. _____________ provide guidance for each control area on how to obtain an understanding, evaluate each control, assess compliance, and substantiate the risk of controls not being met