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  1. Home
  2. ISACA Certification
  3. CGEIT Exam
  4. ISACA.CGEIT.v2024-05-21.q447 Dumps
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Question 361

A global financial enterprise has been experiencing a substantial number of information security incidents that have directly affected its business reputation. Which of the following should be the IT governance board's FIRST course of action?

Correct Answer: B
Requesting an IT security assessment to identify the main security gaps is the IT governance board's first course of action, as it helps to understand the root causes and the extent of the information security incidents that have affected the enterprise's business reputation. An IT security assessment can also provide recommendations and best practices for improving the security posture and reducing the risks of future incidents12. References := CGEIT Exam Content Outline, Domain 4, Subtopic B: IT Risk Management, Task
1: Ensure that an IT risk management framework exists to identify, analyze, mitigate, manage, monitor, and communicate IT-related business risk, and that the framework for IT risk management is in alignment with the enterprise risk management (ERM) framework.
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Question 362

Which of the following is the MOST effective means for IT management to report to executive management regarding the value of IT?

Correct Answer: B
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Question 363

Which of the following strategic issues in the IFAC report highlight the underlying success and failure of enterprises? Each correct answer represents a complete solution.
Choose all that apply.

Correct Answer: A,B,C
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Question 364

Who is PRIMARILY accountable for delivering the benefits of an IT-enabled investment program to the enterprise?

Correct Answer: D
According to the CGEIT certification guide, the business sponsor is primarily accountable for delivering the benefits of an IT-enabled investment program to the enterprise. The business sponsor is the person who has the authority and responsibility to initiate, influence and approve the business objectives and requirements of the program. The business sponsor also ensures that the program aligns with the enterprise strategy and delivers value to the enterprise1. The program manager, the IT steering committee chair and the CIO are responsible for supporting the business sponsor in delivering the benefits, but they are not primarily accountable for them2. References :=
* CGEIT certification guide, domain 4: Benefits Realization, section 4.1: Benefits Governance, page 137.
* CGEIT certification guide, domain 4: Benefits Realization, section 4.2: Benefits Delivery Life Cycle, page 140.
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Question 365

Which of the following would BEST enable business innovation through IT?

Correct Answer: D
Business innovation is the process of creating new or improved products, services, processes, or business models that create value for the organization and its customers. IT can enable business innovation by providing the tools, platforms, data, and capabilities that support the generation, implementation, and diffusion of innovative ideas. However, IT alone cannot drive business innovation; it requires a close collaboration and alignment between IT and business. Therefore, IT participation in business strategy development is the best way to enable business innovation through IT, because it can help to ensure that IT understands the business goals and needs, that IT contributes to the identification and evaluation of opportunities and challenges, that IT provides feasible and effective solutions and recommendations, and that IT supports the execution and monitoring of the innovation initiatives123. References: How to Drive Business Innovation Through IT. How to Enable Business Innovation with IT. Business Innovation: What It Is and How to Achieve It.
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