- (Exam Topic 1)
Within an enterprise, IT governance relates to the:
* 1. Alignment between the enterprise's IT long term plan and the organization's objectives.
* 2. Organizational structures of the company that are designed to ensure that IT supports the organization's strategies and objectives.
* 3. Operational plans established to support the IT strategies and objectives.
* 4. Role of the company's leadership in ensuring IT supports the organization's strategies and objectives.

1. A. 1 and 2 only
2. B. 3 and 4 only
3. C. 1, 2, and 4 only
4. D. 2, 3, and 4 only

Correct Answer: C

- (Exam Topic 2)
Which of the following is improved by the use of smart devices?

1. A. Version control
2. B. Privacy
3. C. Portability
4. D. Secure authentication

Correct Answer: C

- (Exam Topic 2)
When is an organic organizational structure likely to be more successful than a mechanistic organizational
structure?

1. A. When a manufacturing organization has stable demand for its products.
2. B. When an organization is subjected to strong political and social pressures
3. C. When a manufacturer has reliable resources and suppliers
4. D. When an organization is infrequently affected by technological advances

Correct Answer: D

- (Exam Topic 2)
Which type of bond sells at a discount from face value, then increases in value annually until it reaches maturity and provides the owner with the total payoff?

1. A. High-yield bonds.
2. B. Commodity-backed bonds.
3. C. Zero coupon bonds.
4. D. Junk bonds.

Correct Answer: C

- (Exam Topic 1)
Which of the following is an example of a nonfinancial internal failure quality cost?

1. A. Decreasing gross profit margins over time.
2. B. Foregone contribution margin on lost sales.
3. C. Defective units shipped to customers.
4. D. Excessive time to convert raw materials into finished goods.

Correct Answer: D