Question 11

Which is not a class of the Statement of Accounting Standards (SAS) 31?

Group of answer choices

Rights and Obligations

Presentation and Disclosure

Valuations

Auditing Methodology

Question 12

What is the title of Section 404 of SOX?

Group of answer choices

Management Review of Internal Controls

Management Policy on Internal Controls

Management Assessment of Internal Controls

Management Decision on Internal Controls

Question 13

Sections 744 and 745 of the BASEL II accord cover __________.

Group of answer choices

the external controls regulated by law

the internal control review process

the assessment of the internal control process

the monitoring of internal controls

Question 14

Controls that include defining a strategic IT plan and managing the IT investment are part of what COBIT domain?

Group of answer choices

Planning and Organizing

Acquisition and Implementation

Delivery and Support

Monitoring

Question 15

The key to culling down COBIT controls is based on which of the following?

Group of answer choices

Identifying which controls are appropriate for a particular environment

Identifying which of the appropriate controls will maximize efforts

Both of the above

None of the above