Each of the Following Are Reasons for the IT Function

question 46

Multiple Choice

Each of the following are reasons for the IT function to be knowledgeable of the business function except:

• A) it may result in technology recommendations that can improve the business process.
• B) it may make it unnecessary for the business function to be knowledgeable of the IT function.
• C) it may improve business productivity.
• D) it may reduce delays in sharing information.

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Definitions:

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, typically including the balance sheet, income statement, and cash flow statement.

Dividends Paid

Payments made by a corporation to its shareholder members, usually derived from the company's earnings.

Retained Earnings

The portion of a company's profits not distributed to shareholders as dividends but kept within the company to reinvest in business operations or pay down debt.

Average Tax Rate

The total amount of tax paid divided by taxable income.