Which of the Following Statements Is True About a Data

question 50

Multiple Choice

Which of the following statements is true about a data administration staff function?

• A)The chief technology officer (CTO)heads the data administration staff function.
• B)The group establishes standards to protect information assets.
• C)This group includes system and network administrators exclusively.
• D)This group manages the process of creating new information systems.

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Definitions:

Mortgage Payments

These are regular payments made by a borrower to a lender, typically consisting of both principal and interest, for the loan used to purchase property.

Present Value

The present-day valuation of a future lump sum or cash flow sequence, taking into account a defined rate of return.

Discounting Periods

The intervals at which cash flows are discounted back to their present value in financial analysis.

Annual Annuity

A financial product providing a series of payments made at equal intervals over a set period, typically one year.