Which of the Following Statements Is True of the Information

question 98

Multiple Choice

Which of the following statements is True of the information systems (IS) department?

• A) If the IS primarily support accounting and finance activities, the chief financial officer (CFO) is appointed as the chief information officer (CIO).
• B) Programs used in all information systems are developed in-house by the maintenance group.
• C) The operations group monitors user experience and responds to user problems.
• D) Data administration is performed exclusively by the outsourcing relations group.

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Definitions:

Short-term Creditor

An entity or individual that lends money with the expectation of repayment within a short period, typically within a year.

Acid-test Ratio

A financial metric that measures a company's ability to pay its current liabilities with its most liquid assets, excluding inventory.

Asset Turnover

A measure of how efficiently a company uses its assets to generate sales; computed by dividing net sales by average total assets.

Price-earnings Ratio

A valuation metric for stocks, calculated by dividing the market price per share by the earnings per share.