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NEW QUESTION: 1
CobiT was developed from the COSO framework. Which of the choices below best describe the COSO's main objectives and purpose?
A. COSO main purpose is to define a sound risk management approach within financial companies.
B. COSO is risk management system used for the protection of federal systems.
C. COSO main purpose is to help ensure fraudulent financial reporting cannot take place in an organization
D. COSO addresses corporate culture and policy development.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
COSO is a model for corporate governance, and CobiT is a model for IT governance. COSO deals more at the strategic level, while CobiT focuses more at the operational level. You can think of CobiT as a way to meet many of the COSO objectives, but only from the IT perspective. COSO deals with non-IT items also, as in company culture, financial accounting principles, board of director responsibility, and internal communication structures. COSO was formed to provide sponsorship for the National Commission on Fraudulent Financial Reporting, an organization that studies deceptive financial reports and what elements lead to them.
There have been laws in place since the 1970s that basically state that it was illegal for a corporation to cook its books (manipulate its revenue and earnings reports), but it took the Sarbanes-Oxley Act (SOX) of
2002 to really put teeth into those existing laws. SOX is a U.S. federal law that, among other things, could send executives to jail if it was discovered that their company was submitting fraudulent accounting findings to the Security Exchange Commission (SEC). SOX is based upon the COSO model, so for a corporation to be compliant with SOX, it has to follow the COSO model. Companies commonly implement ISO/IEC 27000 standards and CobiT to help construct and maintain their internal COSO structure.
Incorrect Answers:
B: It is not the main purpose of COSO to define a sound risk management approach within financial companies.
C: It is not the main purpose of COSO to address corporate culture and policy development.
D: COSO is not a risk management system used for the protection of federal systems.
References:
Harris, Shon, All In One CISSP Exam Guide, 6th Edition, McGraw-Hill, New York, 2013, p. 59
NEW QUESTION: 2
You have the following code (line numbers are included for reference only):
You need to ensure that new instances of Connection can be created only by other classes by calling the Create method. The solution must allow classes to inherit from Connection.
What should you do?
A. Option A
B. Option D
C. Option C
D. Option B
Answer: D
Explanation:
The following list provides the main features of a static class:
* Contains only static members.
* Cannot be instantiated.
* Is sealed.
* Cannot contain Instance Constructors.
Creating a static class is therefore basically the same as creating a class that contains only static members and a private constructor. A private constructor prevents the class from being instantiated.
Incorrect:
Not A: An abstract method is a method that is declared without an implementation.
Not C: Private methods can be called from derived classes.
Reference: Static Classes and Static Class Members (C# Programming Guide)
https://msdn.microsoft.com/en-us/library/79b3xss3.aspx
NEW QUESTION: 3
Which of the following are the MOST important benefits of a cloud computing solution for an application development provider? (Select two.)
A. Reduced complexity for users.
B. Reduced bandwidth usage.
C. Reduced training time for new developers
D. Reduced storage requirements.
E. Reduced cost.
F. Reduced development timeframe.
Answer: E,F
Explanation:
The biggest promise of Azure-based applications is the ability to write them to scale as needed in real-time. Customers will therefore only use the amount of resources they need, rather than budgeting a set amount of resources that can overtax or underutilize their current setup.
References: http://searchcloudcomputing.techtarget.com/tutorial/An-introduction-to- developing-for-Microsoft-Azure
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