One of the Skills CIOs Need to Improve IT-Business Alignment

question 99

True/False

One of the skills CIOs need to improve IT-business alignment and governance is political savvy.

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Definitions:

Identifiable Net Assets

Assets of an acquired company that can be clearly identified and valued at the time of acquisition.

Consolidated Balance Sheet

A financial statement showing the aggregated financial position of a parent company and its subsidiaries, providing a complete look at the total assets and liabilities.

Liabilities Section

A part of the balance sheet that lists obligations the company must pay to others, such as loans, accounts payable, and mortgages.

Non-Controlling Interest

A portion of equity ownership in a subsidiary not owned by the parent company, indicating minority shareholders' interest in the subsidiary's net assets.