Which Type of Authority Is Not Legally Enforceable
We have seen presentations where the speaker falsely told the audience that this or that regulation requires the use of CobiT as a criterion by which they must judge whether they are complying with the regulation. This is simply not the case. There is not a single regulation that prescribes the use of CobiT. However, Sarbanes-Oxley created the Public Company Accounting Oversight Board, which created its own auditing standards and prescribed their application. The Payment Card Industry Association also requires the use of its PCI DSS as an auditing standard, which must be followed if you demonstrate that you have complied with their guidelines. [v] The scope of the apparent power of attorney is limited to “the authority that the principal exercised over the mandatary or that the mandator allowed the agent to represent that he possesses”. To the extent that the principal thus concealed the agent, he is “arrested to deny that the agent had the authority he exercised”. Wright v.