Page 164 - CITP Review

5.
a. Incorrect. Enabling better decision-making within the organization is a basic objective of
any system of data governance.
b. Incorrect. The reduction of operational friction within the organization is a basic objective
of any system of data governance.

c. Incorrect. The protection of stakeholder needs is a basic objective of any system of data
governance.

d. Correct. The assurance against fraudulent data is not one of the basic objectives of data
governance.

6.
a. Incorrect. Integrity is a one of eight basic data governance principles.
b. Incorrect. Auditability is a one of eight basic data governance principles.

c. Incorrect. Accountability is a one of eight basic data governance principles.
d. Correct. Confidentiality is not one of the basic principles of data governance; it is one of
the basic principles of cybersecurity.

7.
a. Correct. Today, most data analytics involves the use of specialized tools and software
often facilitating the analysis of large data populations.
b. Incorrect. Today, most data analytics does not necessarily require the use of experts.
c. Incorrect. Today, most data analytics does not require the use of a CPA.

d. Incorrect. Today, most data analytics does not require the use of a data scientist.

8.
a. Incorrect. According to the author, the three main types of data analytics are quantitative
analysis, descriptive statistics, and data visualization, not qualitative analysis.
b. Correct. According to the author, the three main types of data analytics are quantitative
analysis, descriptive statistics, and data visualization.
c. Incorrect. According to the author, the three main types of data analytics are quantitative
analysis, descriptive statistics, and data visualization and does not include qualitative
analysis or predictive analytics.
d. Incorrect. According to the author, the three main types of data analytics are quantitative
analysis, descriptive statistics, and data visualization, not qualitative analysis, predictive
analytics, or data stabilization.

© 2019 Association of International Certified Professional Accountants. All rights reserved. Solutions 6