Which of the Following Includes the Roles and Responsibilities of the CSO

question 27

Multiple Choice

Which of the following includes the roles and responsibilities of the CSO?

• A) Ensuring the speed, accuracy, availability, and reliability of the MIS
• B) Ensuring the ethical and legal use of information within a company
• C) Ensuring the security of business systems and developing strategies and safeguards against attacks by hackers and viruses
• D) Ensuring that MIS strategically aligns with business goals and objectives

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Definitions:

Tax Rate

The Tax Rate is the percentage at which an individual or corporation is taxed by the government on its income.

EAC

Stands for Equivalent Annual Cost, a concept used in capital budgeting to represent the cost per year of owning and operating an asset over its entire lifespan.

Maintenance

Activities conducted to keep equipment or facilities in an operational condition or repair it to its optimal state.

Discount Rate

The interest rate used to discount future cash flows to their present value, often used in the time value of money calculations.