Pass Exam Questions Efficiently With CGEIT Questions (2024)
CGEIT Questions - Truly Beneficial For Your ISACA Exam
NEW QUESTION # 132
Which of the following is the BEST way to encourage employees to raise ethics concerns in full confidence?
- A. Publish and enforce a code of conduct policy.
- B. Provide access to legal resource benefits.
- C. Provide protection language in employment contracts.
- D. Establish and communicate a whistle-blower policy.
Answer: D
Explanation:
A whistle-blower policy is a document that defines how ethics violations should be reported and how the whistle-blowers should be protected from retaliation. A whistle-blower policy is the best way to encourage employees to raise ethics concerns in full confidence, as it provides them with a clear, safe, and confidential channel to voice their concerns and seek resolution. A whistle-blower policy also demonstrates the organization's commitment to ethical conduct and accountability, and fosters a culture of trust and openness12.
The other options are not as effective as establishing and communicating a whistle-blower policy. Publishing and enforcing a code of conduct policy is important for defining the ethical standards and expectations for the organization, but it does not necessarily encourage employees to raise ethics concerns, unless it is accompanied by a whistle-blower policy that ensures their protection and support3. Providing access to legal resource benefits is helpful for employees who need legal advice or assistance, but it does not guarantee their confidence or safety in reporting ethics violations, especially if they fear retaliation from their employer or co-workers4. Providing protection language in employment contracts is useful for safeguarding the rights and interests of employees, but it may not be sufficient or specific enough to address the issues and challenges faced by whistle-blowers, such as harassment, discrimination, or termination5.
References: 1: Here's What You Need in Your Whistleblower Policy (and Why) - Case IQ4 2: Whistle Blowing in the Public Sector - Markkula Center for Applied Ethics3 3: Ethics Policies vs. Whistleblower Policies - What's the Difference? - CMS1 4: Legal Resources | Employee Benefits | The Hartford 5:
Whistleblower Protection: Overview of Federal Laws | Congressional Research Service
NEW QUESTION # 133
Which of the following is the BEST way to ensure the continued usefulness of IT governance reports for stakeholders?
- A. Establish a standard process for providing feedback.
- B. Rely on IT leaders to advise when adjustments should be made.
- C. Issue frequent service level satisfaction surveys.
- D. Conduct quarterly audits and adjust reporting based on findings.
Answer: A
Explanation:
The best way to ensure the continued usefulness of IT governance reports for stakeholders is to establish a standard process for providing feedback. This means that the organization should define and communicate the purpose, scope, format, frequency, and distribution of the IT governance reports, and solicit input from the stakeholders on how well the reports meet their information needs and expectations. The feedback process should also include mechanisms for collecting, analyzing, and acting on the feedback, as well as reporting back to the stakeholders on the changes made or planned. This will help to ensure that the IT governance reports are relevant, accurate, timely, and consistent, and that they support the decision-making and accountability of the stakeholders
NEW QUESTION # 134
Holly and Gary are HR Professionals in their organization and they're working to develop the strategic plan for their organization. Holly and Gary are using SWOT analysis to help understand the needs of human, financial, technological, capital, and other aspects of their organization. What is SWOT?
- A. SWOT is an analysis to define the schedule, weaknesses, opportunities, and timetable of a project endeavor.
- B. SWOT is an analysis to define the strengths, weaknesses, opportunities, and threats an organization may face.
- C. SWOT is an analysis to define the seriousness, weaknesses, openness, and timetable of organization development.
- D. SWOT is an analysis to define the strengths, weaknesses, openness, and timeliness of an organization.
Answer: B
NEW QUESTION # 135
Which of the following should be the MOST important consideration when designing an implementation plan for IT governance?
- A. Roles and responsibilities
- B. Risk tolerance levels
- C. Organizational culture
- D. Principles and policies
Answer: C
Explanation:
Organizational culture is the most important consideration when designing an implementation plan for IT governance, because it influences the ethics, values, behaviors, and attitudes of the people involved in the governance process. Organizational culture also affects the acceptance, adoption, and sustainability of the IT governance framework and practices. According to COBIT 5, one of the seven enablers of IT governance is culture, ethics and behavior1. The roadmap for implementing and improving IT governance also emphasizes the importance of understanding and addressing the cultural and behavioral aspects of the enterprise2.
References := 1: COBIT 5: A Business Framework for the Governance and Management of Enterprise IT, ISACA, page 312: A Roadmap for Implementing and Improving IT Governance1
NEW QUESTION # 136
Which of the following steps are performed in the Planning phase of IT Assurance methodology? Each correct answer represents a complete solution. Choose all that apply.
- A. Perform a quick risk assessment.
- B. Plan the risk-based assurance initiatives.
- C. Assess process maturity.
- D. Scope and plan assurance initiatives.
Answer: A,B,C
Explanation:
Section: Volume B
NEW QUESTION # 137
Jeff works as a project manager for BlueWell Inc. He is determining which risks can affect the project. Which of the following are the inputs to the identify risks process that Jeff will use to accomplish the task? Each correct answer represents a complete solution.
Choose all that apply.
- A. Activity cost estimates
- B. Scope baseline
- C. Risk register
- D. Risk management plan
Answer: A,B,D
NEW QUESTION # 138
What should be an IT steering committee's FIRST course of action when an enterprise is considering establishing a virtual reality store to sell its products?
- A. Request development of key risk indicators (KRIs).
- B. Request a threat assessment.
- C. Request a resource gap analysis.
- D. Request a cost-benefit analysis.
Answer: B
NEW QUESTION # 139
An enterprise is implementing its first mobile sales channel. Final approval for accepting the associated IT risk should be obtained from which of the following?
Risk manager
Business sponsor
- A. Chief information officer (CIO)
- B. IT steering committee
Answer: B
Explanation:
Final approval for accepting the associated IT risk should be obtained from the business sponsor. This is because the business sponsor is the person or group who initiates, funds, and owns the business case for the mobile sales channel project1. The business sponsor is responsible for defining the business objectives, benefits, and requirements of the project, and for ensuring its alignment with the enterprise strategy1. The business sponsor is also accountable for the outcomes and value of the project, and for managing the risks and issues that may affect its success1. Therefore, the business sponsor should have the authority and responsibility to approve the IT risk associated with the mobile sales channel project, as it may impact the business performance and value.
The other options, risk manager, chief information officer (CIO), and IT steering committee are not the best choices for obtaining final approval for accepting the associated IT risk. They are more involved in the identification, assessment, mitigation, and monitoring of IT risks, rather than their acceptance2. They may also have different perspectives and interests than the business sponsor regarding the IT risk associated with the mobile sales channel project. For example, the risk manager may focus on minimizing or avoiding IT risks, while the CIO may focus on maximizing or exploiting IT opportunities. The IT steering committee may have a broader view of IT risks across multiple projects and programs, rather than a specific one. Therefore, they may not have the final say or decision on accepting the IT risk associated with the mobile sales channel project.
NEW QUESTION # 140
Which of the following is the main objective of business process outsourcing?
- A. Optimizing business processes
- B. Increasing the automation of business processes
- C. Permitting the enterprise to focus on core main competences
- D. Realigning business process with business strategy
Answer: C
NEW QUESTION # 141
Which of the following is a process that occurs due to mergers, outsourcing or changing business needs?
- A. Voluntary exit
- B. Plant closing
- C. Outplacement
- D. Involuntary exit
Answer: D
NEW QUESTION # 142
Beth is a project team member on the JHG Project. Beth has added extra features to the project and this has introduced new risks to the project work. The project manager of the JHG project elects to remove the features Beth has added. The process of removing the extra features to remove the risks is called what?
- A. Corrective action
- B. Preventive action
- C. Scope creep
- D. Defect repair
Answer: B
NEW QUESTION # 143
The BEST way for a CIO to monitor the alignment between the business and IT strategy is to regularly review:
- A. key risk indicators (KRIs).
- B. the balanced scorecard.
- C. IT services supporting business processes.
- D. the risk register.
Answer: C
Explanation:
Explanation
NEW QUESTION # 144
Which of the following is a practice of forecasting possible risks to the organization and taking steps to mitigate their impact on operations?
- A. HR audit
- B. Applicant tracking systems
- C. Timekeeping
- D. Enterprise risk management
Answer: D
NEW QUESTION # 145
Which strategic planning approach would be MOST appropriate for a large enterprise to follow when revamping its IT services?
- A. Calibrating and scaling delivery Of IT services in line with business requirements
- B. Focusing on business innovation through knowledge, expertise, and initiatives
- C. Addressing gaps within the management of IT-related risk
- D. Adhering to on-time and on-budget IT service delivery
Answer: A
Explanation:
This is because calibrating and scaling delivery of IT services means adjusting and optimizing the IT service portfolio, processes, and resources to meet the changing and diverse needs and expectations of the business1. By following this approach, the large enterprise can:
Align IT services with business strategy, objectives, and priorities1
Enhance IT service quality, efficiency, and effectiveness1
Improve IT service agility, flexibility, and responsiveness1
Reduce IT service costs, risks, and waste1
Increase IT service value, satisfaction, and innovation1
Calibrating and scaling delivery of IT services can help the large enterprise revamp its IT services in a way that supports and enables the business success.
The other options, addressing gaps within the management of IT-related risk, focusing on business innovation through knowledge, expertise, and initiatives, and adhering to on-time and on-budget IT service delivery are not as appropriate as calibrating and scaling delivery of IT services for a large enterprise to follow when revamping its IT services. They are more related to specific aspects or outcomes of IT service management, rather than a holistic and strategic approach. They may also be too narrow or rigid for a large enterprise that needs to adapt and evolve its IT services to the dynamic and complex business environment. They may not address the full scope or potential of IT service improvement and transformation.
NEW QUESTION # 146
Which of the following would BEST enable business innovation through IT?
- A. Business participation in IT strategy development
- B. Adoption of a standardized business development life cycle
- C. IT participation in business strategy development
- D. Outsourcing of IT to a strategic business partner
Answer: C
Explanation:
Business innovation is the process of creating new or improved products, services, processes, or business models that create value for the organization and its customers. IT can enable business innovation by providing the tools, platforms, data, and capabilities that support the generation, implementation, and diffusion of innovative ideas. However, IT alone cannot drive business innovation; it requires a close collaboration and alignment between IT and business. Therefore, IT participation in business strategy development is the best way to enable business innovation through IT, because it can help to ensure that IT understands the business goals and needs, that IT contributes to the identification and evaluation of opportunities and challenges, that IT provides feasible and effective solutions and recommendations, and that IT supports the execution and monitoring of the innovation initiatives123. : How to Drive Business Innovation Through IT. How to Enable Business Innovation with IT. Business Innovation: What It Is and How to Achieve It.
NEW QUESTION # 147
A multinational enterprise recently purchased a large company located in a different country. When introducing the concept of governance to the new acquisition, it is MOST important that executive management recognize:
- A. the impact of cultural changes.
- B. the use of international standards.
- C. language differences.
- D. globally recognized good practices.
Answer: A
NEW QUESTION # 148
An enterprise has identified potential environmental disasters that could occur in the area where its data center is located. Which of the following should be done NEXT?
- A. Assess how the data center is protected against the threat.
- B. Relocate the data center to minimize the threat.
- C. Implement an early warning detection and notification system.
- D. Assess the likelihood and impact on the data center.
Answer: D
NEW QUESTION # 149
Which of the following types of risks includes currency risk, liquidity risk, and technology obsolescence?
- A. Hazard risk
- B. Strategic risk
- C. Asset risk
- D. Operational risk
Answer: C
NEW QUESTION # 150
Which of the following MOST effectively demonstrates operational readiness to address information security risk issues?
- A. IT management has communicated the need for information security risk management to the business.
- B. Procedures have been established for assessing and mitigating information security risks.
- C. A policy has been communicated stating enterprise commitment and readiness to address information security risk.
- D. Executive management has announced an information security risk initiative.
Answer: B
Explanation:
Procedures have been established for assessing and mitigating information security risks is the most effective way to demonstrate operational readiness to address information security risk issues, as it shows that the enterprise has a systematic and consistent approach to identify, analyze, treat, and monitor information security risks. Procedures also provide guidance and direction for the staff involved in information security risk management activities12. References := CGEIT Exam Content Outline, Domain 4, Subtopic B: IT Risk Management, Task 1: Ensure that an IT risk management framework exists to identify, analyze, mitigate, manage, monitor, and communicate IT-related business risk, and that the framework for IT risk management is in alignment with the enterprise risk management (ERM) framework.
NEW QUESTION # 151
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