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Questions and Answers

Which of the following does NOT represent any of the management levels in an enterprise?

  • Strategic
  • Operational
  • Tactical
  • Executional (correct)
  • The Board of an enterprise forms part of Tactical management.

    False (B)

    Who is a founder member of King IV?

    Mervyn King

    The King Report is a best practice on ________ governance.

    <p>corporate</p> Signup and view all the answers

    At which management level does Execution occur in the Direct and Control cycle?

    <p>Operational (D)</p> Signup and view all the answers

    Match the following governance frameworks with their focus:

    <p>King IV = Transparency and accountability COBIT = IT governance OECD = Corporate governance principles Turnbull report = Risk management and internal control</p> Signup and view all the answers

    Who is ultimately responsible for IT governance in organizations?

    <p>The Board (C)</p> Signup and view all the answers

    The main difference between governance and management is that governance is focused on supporting activities while management is focused on decision-making.

    <p>False (B)</p> Signup and view all the answers

    Study Notes

    Corporate Governance Quiz Questions

    • Question 1: Executional is NOT a management level in an enterprise.
    • Question 2: Establishing responsibilities is a keyword related to the "direct" function.
    • Question 3: Mervyn King is a founder member of King IV.
    • Question 4: The board of an organization is part of strategic management.
    • Question 5: Operational management is where Execution occurs in the Direct and Control cycle.
    • Question 6: King Report is a best practice on corporate governance.
    • Question 7: The Board has ultimate responsibility for IT governance in organizations.
    • Question 8: King IV can be summarized as "transparency."
    • Question 9: Governance dictates policy, while management operationalizes it.
    • Question 10: Governance involves two main processes: Direct and Control.

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