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3 years ago

A CIO must have a strong understanding of technology and a limited understanding of the business. T/F

Business

1 answer:

sweet-ann [11.9K]3 years ago

3 0

Answer: False

Explanation: CIO is the senior most technical professional in a company whose objective is to help the organisation in achieving its goals by using his or her knowledge regarding the technology in use.

A CIO who do not have complete understanding of the business in which he works will not be able to implement the technology properly.

Thus, we can conclude that the given statement is false.

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The budget components for Park Company for the quarter ended June 30 appear below. Park sells trash cans for $12 each. Budgeted

Dmitry [639]

Answer:

$96,000

Explanation:

Production 26,000 units

Materials Purchase Budget

Production Materials Required (5×26,000 units) 130,000

Add Budgeted Closing Materials (50,000×20%×5) 50,000

Total Materials 180,000

Less Budgeted Opening Inventory (4,000×5) (20,000)

Budgeted Materials 160,000

Material Cost per pound $0.60

Total Material Cost $96,000

Therefore, the materials purchases budget will be for the month ending April 30 will be $96,000.

7 0

3 years ago

In the event of death, this insurance covers the entrepreneur's business and helps family face the financial challenges.

allsm [11]

Answer:

Life

Explanation:

Life insurance is a contract where the insurance company undertakes to pay the amount stated in the policy document upon the insured's death. The insured, in turn, pays periodic insurance premiums to keep the contract in force.

Life insurance renders financial protection to the family and the insured upon their death. For an entrepreneur, the insurance company will compensate their family for the loss of income occasioned by their death.

8 0

3 years ago

What is a credit limit? AThe required payment to your credit card company. BHow many credit cards you can own. CThe amount of in

Zolol [24]

B how many credit cards you can own

7 0

3 years ago

Dan, a computer programmer, holds a garage sale to sell a lawnmower, some clothes, some CDs and some old clothes. Will, a lawyer

olga2289 [7]

Answer:

The correct answer is letter "D": Judy, an expert horse trainer, sells Bob a horse.

Explanation:

According to the Uniform Commercial Code (UCC) a merchant is a person who deals with a product or service of a business in which that person is regularly engaged. The merchant has knowledge and expertise related to the practices involved in the business transaction.

In that sense, only Judy, who is a horse trainer, would be labeled as a merchant by the UCC for selling a horse.

6 0

3 years ago

Type of power based on manager's ability to influence employees with something of value to them.

frosja888 [35]

Answer:

incentive or reward

Explanation:

incentive pay, time and a half pay for overtime are examples

4 0

2 years ago