Which of these is defined as "externally directing, controlling and evaluating an entity, process or resource"

Which of these is defined as "externally directing, controlling and evaluating an entity, process or resource"
A . Governance
B . Assurance
C . Management

View Answer

Answer: A

Explanation:

Governance is defined as "externally directing, controlling and evaluating an entity, process, or resource". It involves establishing policies, and continuous monitoring of their proper implementation, by the members of the governing body of an organization. It ensures that the entity is operating effectively and in alignment with its objectives and regulatory requirements. Governance encompasses a wide range of activities, including strategic planning, decision-making, and oversight, all aimed at achieving the entity’s goals while managing risk and ensuring compliance.

Reference: ISO 38500:2015 – Information technology – Governance of IT for the organization OECD Principles of Corporate Governance