A Steering Committee Works Especially Well with This Particular IT

question 8

Multiple Choice

A steering committee works especially well with this particular IT governance archetype.

• A) Business monarchy
• B) IT monarchy
• C) Feudal
• D) Federal
• E) IT Duopoly

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Definitions:

Ledger Accounts

A complete record of all the financial transactions over the life of a company, organized by account.

Journal Entries

Recorded transactions or adjustments in the financial records of a company, marking the debit and credit of accounts affected by business operations.

Debt Ratio

A ratio indicating the level of a firm's indebtedness by dividing its total obligations by its overall assets.

Financial Leverage

The use of borrowed funds to increase the potential return on investment.