ExamGecko
Search Search Login
Home Home / Isaca / COBIT Design and Implementation
Question list
Search
Search

List of questions

Search
Open VPLUS File
Convert VPLUS to PDF

Related questions

Which of the following describes the difference between the Risk Profile design factor and the I&T-Related Issues design factor?
An enterprise is considering threat landscape as a design factor for its governance system. Which of the following would be a reason to classify the threat landscape as high?
When adapting the goals cascade of the COBIT 2019 framework, an enterprise with a growth strategy is MOST likely to select which of the following enterprise goals?
Which of the following is an important component for an enterprise strategy archetype of cost leadership as defined by COBIT 2019?
Which of the following is an example of a specific focus area to which COBIT could be customized?
A traditional brick-and-mortar company is planning to fast-track its growth by implementing an information and technology governance system to achieve enterprise goals. Which of the following is the KEY enabler of success in achieving the goals?
When considering the compliance requirement design factor, and the design factor value is high, which of the following should be a management objective priority?
Which of the following will BEST enable management to identify all additional resources required to implement planned I&T changes?
What is the role of the board when establishing where the enterprise wants to be?
What is the FINAL step in governance system design?

Question 25 - COBIT Design and Implementation discussion

Report
Export

Under which circumstances should an enterprise consider the implementation of a strong compliance function as part of their governance system?

A.
When the enterprise is subject to substantially higher than average compliance regulations because itis operating in a heavily regulated industry sector
Answers
A.
When the enterprise is subject to substantially higher than average compliance regulations because itis operating in a heavily regulated industry sector
B.
Under all circumstances, because every enterprise is subject to compliance regulations
Answers
B.
Under all circumstances, because every enterprise is subject to compliance regulations
C.
When the enterprise is operating in a high-threat landscape because of its geopolitical situation
Answers
C.
When the enterprise is operating in a high-threat landscape because of its geopolitical situation
D.
When the enterprise has a strict set of policies and procedures in place
Answers
D.
When the enterprise has a strict set of policies and procedures in place
Suggested answer: A

Explanation:

An enterprise should consider the implementation of a strong compliance function as part of their governance system when it is subject to substantially higher than average compliance regulations because it is operating in a heavily regulated industry sector.

In COBIT 2019, the need for a strong compliance function is influenced by the regulatory environment in which the enterprise operates. Enterprises in heavily regulated industries face stringent compliance requirements and significant consequences for non-compliance. Therefore, a robust compliance function is essential to ensure adherence to regulations and to mitigate compliance-related risks.

COBIT 2019 Framework

Reference:

COBIT 2019 Framework: Introduction and Methodology, Chapter 5: Discusses the importance of compliance requirements as a design factor in tailoring the governance system.

COBIT 2019 Design Guide, Chapter 2: Highlights the role of compliance and assurance capabilities in highly regulated industries.

Implementing a strong compliance function in such scenarios helps the enterprise manage regulatory risks, maintain compliance, and avoid legal and financial penalties.

Show Answer
asked 18/09/2024
B M
32 questions
PreviousPreviousNextNext
User
Your answer:
0 comments
Sorted by

Leave a comment first

ExamGecko

Copyright @2023 ExamGecko | All right reserved

Mail us: [email protected]
About us
Contact us
Twitter X
Facebook
Medium
Convert VPLUS to PDF
Open VPLUS files Easily and Quickly
Privacy Policy
Disclaimer
Terms