Important Functions of the Chief Information Officer Include

question 29

Multiple Choice

Important functions of the chief information officer include

• A)​employing an IS department's equipment and staff to help the organization reach its goals
• B)monitoring the financial considerations of the IS department, such as return on investment
• C) ensuring the organization complies with laws and regulations
• D) ​all of these

---

Definitions:

Return on Investment

A performance measure used to evaluate the efficiency or profitability of an investment, calculated as the return divided by the cost of the investment.

Percentage

A ratio expressed as a fraction of 100.

Divisional Operating Income

Divisional operating income refers to the profit generated from the operations of a specific division within a company, excluding expenses and incomes that are not directly related to the division's operations.

Proportional Allocation

A method of distributing costs, resources, or revenues among various accounts or projects based on a predetermined criterion, such as usage or benefit.