Which Role Within a Company Is Responsible for Overseeing All

question 3

Multiple Choice

Which role within a company is responsible for overseeing all uses of MIS and ensuring that MIS strategic aligns with business goals and objectives?

• A)Chief knowledge officer (CKO)
• B)Chief privacy officer (CPO)
• C)Chief information officer (CIO)
• D)Chief security officer (CSO)

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Definitions:

Cost Of Merchandise Sold

The total cost to a business of the goods sold to customers, including purchase price and additional expenses related to the sale.

Inventory Shrinkage

The loss of products between procurement and sale, often due to theft, damage, or administrative errors.

Losses Of Inventory

The reduction in the value of goods held for sale, due to theft, deterioration, or obsolescence.

Actual Inventory

The physical count and valuation of all goods available for sale or use at a specific time, often conducted through a physical inventory audit.