PrepAway - Latest Free Exam Questions & Answers

What are COSOs main objectives and purpose?

CobiT was developed from the COSO framework. What are COSOs main objectives and purpose?

PrepAway - Latest Free Exam Questions & Answers

A.
COSO is a risk management approach that pertains to control objectives and IT business processes.

B.
COSO deals with the strategic level while CobiT focuses more at the operational level.

C.
COSO addresses corporate culture and policy development.

D.
COSO is a fault tolerance system.

Explanation:
B: COSO deals more at the strategic level while CobiT focuses more at the operational level. CobiT is 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. Its main purpose is to help ensure fraudulent financial reporting cannot take place in an organization.


Leave a Reply