Which of the Following Staff Functions Is at the Top-Most

question 27

Multiple Choice

Which of the following staff functions is at the top-most level of a typical senior-level reporting relationship?

• A) chief information officer (CIO)
• B) chief operating officer (COO)
• C) chief technology officer (CTO)
• D) chief financial officer (CFO)

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Definitions:

Tax Rate

The percentage at which an individual or corporation is taxed on their income or profits.

After-Tax Net Income

The amount of profit left after all taxes have been deducted from total revenue.

Payback Period

The length of time it takes for an investment to recover its initial cost, used in capital budgeting to assess investment viability.

After-Tax Net Income

The amount of profit a company has left after paying all its taxes.