Which of the Following Best Describes the Primary Role of the CIO

question 32

Multiple Choice

Which of the following best describes the primary role of the CIO during the mainframe era?

• A) Organizational designer
• B) Operational manager
• C) Informed buyer
• D) Technology architect

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Definitions:

Cash Flow

The total flows of capital into and out of a company, crucially determining its liquidity ratio.

Impairment Loss

A charge applied to a company's income statement when the fair value of an asset drops below its carrying value on the balance sheet.

Carrying Value

The recorded book value of an asset in a company's financial statements, calculated as the original cost minus accumulated depreciation or amortization.

Recoverable Amount

The estimated amount that can be recovered from an asset's sale or use, typically higher than its net book value.