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Exam CISM topic 1 question 974 discussion

Actual exam question from Isaca's CISM
Question #: 974
Topic #: 1
[All CISM Questions]

Which of the following should be the PRIMARY basis for determining the value of assets?

  • A. Cost of replacing the assets
  • B. Total cost of ownership (TCO)
  • C. Business cost when assets are not available
  • D. Original cost of the assets minus depreciation
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Suggested Answer: C 🗳️

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koala_lay
8 months, 1 week ago
Selected Answer: C
The primary basis for determining the value of assets should be option C, which is the business cost when assets are not available. This approach takes into consideration the potential impact on the business if the assets were to become unavailable or compromised. It factors in the cost of disruption, loss of productivity, and potential damage to the business's reputation. While options A, B, and D may provide some insight into the value of assets, they do not fully capture the potential business impact in the same way as option C.
upvoted 2 times
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richck102
8 months, 2 weeks ago
Selected Answer: C
C. Business cost when assets are not available
upvoted 3 times
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