Broad Functions of a CIO Include All of the Following

question 12

Multiple Choice

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

• A) Ensuring the delivery of all IT projects, on time and within budget.
• B) Ensuring that the strategic vision of IT 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:

Modified Duration

A measure that quantifies the sensitivity of the price of a bond or other debt instrument to changes in interest rates, indicating the percentage change in price for a parallel shift in yield curves.

Corporate Bond

A type of debt security issued by corporations to raise capital, promising to pay back the face value plus interest.

Coupon Rate

The interest rate stipulated on a bond’s certificate, paid to its holder at specified intervals until maturity.

Yield To Maturity

The total return anticipated on a bond if it is held until the end of its lifetime, accounting for interest payments and price changes.