Which of the following is a principle of a proper governance framework?
Correct Answer: C
Question 32
Which of the following is an important component for an enterprise strategy archetype of cost leadership as defined by COBIT 2019?
Correct Answer: D
According to the official COBIT 2019 Study Manual from ISACA, an important component for an enterprise strategy archetype of cost leadership is support for the portfolio management role with an investment office. This component involves having a dedicated investment office to manage and oversee investments, with a focus on maximizing ROI and reducing costs. The investment office should have the necessary resources, skills and competencies to make informed decisions and effectively manage the enterprise portfolio.
Question 33
Which of the following enterprise risk management concepts is MOST important to fully understand prior to finalizing the design of an IT governance system?
Correct Answer: B
Explanation The enterprise's risk profile is the most important enterprise risk management concept to fully understand prior to finalizing the design of an IT governance system. Enterprise risk management is the process of identifying, analyzing, evaluating, treating, monitoring, and communicating risks that affect the achievement of enterprise objectives. Enterprise risk management concepts include risk appetite (the amount and type of risk that an enterprise is willing to accept), risk tolerance (the acceptable variation in outcomes related to specific performance measures), risk profile (the overall exposure or level of risk that an enterprise faces), etc. The enterprise's risk profile is the most important concept to fully understand prior to finalizing the design of an IT governance system because it helps to determine the appropriate level of risk optimization for each governance objective.14 References: COBIT 2019 Framework: Introduction and Methodology, COBIT 2019 Framework: Governance System
Question 34
What is the role of the internal audit function when defining the EGIT target state?
Correct Answer: A
Explanation The internal audit function is an independent and objective assurance and consulting activity that evaluates and improves the effectiveness of governance, risk management, and control processes in an enterprise. The internal audit function has a role in defining the EGIT target state, which is the desired state of information and technology governance in an enterprise that is aligned with its strategy, objectives, and stakeholder needs. The role of the internal audit function in this process is to provide advice and assist with target-state positioning and gap priorities. This means that the internal audit function can help to identify the current state of information and technology governance in an enterprise, assess the gaps and issues that need to be addressed, determine the target state of information and technology governance that is optimal for the enterprise, and prioritize the actions and initiatives that are required to achieve the target state. The internal audit function can also provide assurance on the design and implementation of the EGIT target state by evaluating its adequacy, effectiveness, efficiency, and compliance.References: : COBIT 2019 Implementation Guide, page 51-52 : COBIT 2019 Framework: Introduction and Methodology, page 30-31
Question 35
Which function within the IT corporate structure is responsible for classifying information using an agreed-upon classification scheme for a new data collection system?
Correct Answer: C
Explanation The information security function within the IT corporate structure is responsible for classifying information using an agreed-upon classification scheme for a new data collection system. According to the COBIT 2019 Implementation Guide, information security is one of the key enablers of IT governance and management, and it includes the processes and practices for ensuring the confidentiality, integrity, and availability of information assets. One of the activities of information security is to define and implement an information classification scheme that categorizes information based on its sensitivity, criticality, and value to the enterprise. This scheme helps to determine the appropriate level of protection and controls for different types of information, especially for new data collection systems that may involve personal or sensitive data. References: : COBIT 2019 Implementation Guide: Implementing and Optimizing an Information and Technology Governance Solution, page 15 1 : COBIT 2019 Design Guide: Designing an Information & Technology Governance Solution, page 62 .
