What is the primary purpose of the COBIT 2019 Framework?

The primary purpose of the COBIT 2019 Framework is indeed to provide a comprehensive guide for IT governance and management. COBIT, which stands for Control Objectives for Information and Related Technologies, is a framework developed to help organizations manage their information technology governance and information security effectively. It offers a structured approach for aligning IT with business objectives, ensuring that resources are used effectively and risks are managed appropriately.

COBIT 2019 emphasizes the importance of integrating governance and management practices to enhance the value of IT investments. It facilitates a better understanding of the responsibilities regarding risk management, resource allocation, and alignment with business goals. By following best practices and establishing a common language for governance in IT, organizations can assess their current state, identify gaps, and drive improvements in IT governance and management.

The other options do not capture the essence of what COBIT aims to achieve. Specifically, outlining coding standards or establishing hardware specifications relates to technical aspects that are more specific to software engineering or IT infrastructure, while regulating financial auditing practices pertains to standards and regulations which are outside the scope of COBIT's focus on governance and management frameworks.