The Pace of Developments in IT Might Require Less Expertise

question 59

True/False

The pace of developments in IT might require less expertise within many organizations.

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Definitions:

Traceable Fixed Expense

Fixed costs that can be directly linked to a specific product, department, or segment and would disappear if the product, department, or segment were eliminated.

Net Operating Income

The total income generated from normal business operations after deducting operating expenses but before taxes and interest.

Price Hike

An increase in the cost of goods or services.

Traceable Fixed Expense

Fixed costs that can be directly linked to a specific business segment or product, and would disappear if the segment or product were discontinued.