The Title of the Executive Who Is in Charge of the People

question 56

Multiple Choice

The title of the executive who is in charge of the people who design and build information systems, the people who use those systems, and the people responsible for managing those systems is the

• A) CEO
• B) CFO
• C) CIO
• D) CIS
• E) CIT

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Definitions:

Interest Rate Swap

A financial derivative instrument in which two parties exchange interest rate payments on specified principal amounts over a certain period.

Inverse Floaters

A type of bond or other debt instrument whose coupon rate has an inverse relationship to short-term interest rates, thus fluctuating oppositely to market rates.

Short Hedge

A risk management strategy used to protect against the decline in the price of a commodity or asset, involving the sale of futures contracts or other derivatives.

Marked-To-Market

Occurs when the value of a security is valued at its current market value rather than its original price or its exercise value.