All of the following are elements of the Information Systems Audit and Control

All of the following are elements of the Information Systems Audit and Control Association (ISACA) definition of IT governance as a set of principles to assist enterprise leaders in their responsibilities except:
A.   the organization’s information technology needs are aligned with the business’s goals and deliver value.
B.   the organization’s performance is measured,
C.   the organization’s resources are properly allocated.
D.   the organization’s risks are unmitigated.


Most data extraction and analysis tools can:
A.   retrieve, sort, and filter data.
B.   extract, and analyze data from accounting databases.
C.   identify gaps, duplicates, missing information, and statistical anomalies.
D.   All of the above are correct answers.


There has been a great deal of concern about the issue of corporate governance and accountability of publicly traded companies because of:
A.   internal audit failures such as those associated with Enron, Crazy Eddie, and WorldCom.
B.   board of director involvement in the external audit process.
C.   financial statement fraud.
D.   None of the above are correct answers.