Broad Functions of a CIO Include All of the Following

question 26

Multiple Choice

Broad functions of a CIO include all of the following, except:

• A) Ensuring the delivery of all IS projects, on time and within budget
• B) Ensuring that the strategic vision of IS is in line with the strategic vision of the organization
• C) Building and maintaining strong executive relationships
• D) Building and maintaining strong customer processes

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Definitions:

Dividend Payout Ratio

The percentage of earnings paid to shareholders in dividends, indicating how much money a company returns to shareholders versus retaining.

Investing Activities

Part of cash flow analysis that involves the purchase or sale of long-term assets and investment securities, reflecting a company's investment growth or reduction.

Net Operating Income

A measure of a company's profitability, calculated by subtracting operating expenses from gross profit.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity level.