The Strategic Level of IT Planning Is Focused on the External

question 15

True/False

The strategic level of IT planning is focused on the external environment and making decisions about the allocation of resources for competitive advantage.

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Definitions:

Retirement Fund

A pool of funds contributed to by individuals, employers, or both for the purpose of funding an employee's retirement.

Gross Pay

The gross income of an employee, which is the sum of all earnings before deductions or taxes are applied.

Deductions

Expenses or amounts subtracted from gross income to reduce the taxable income.

FICA-OASDI

Refers to the Social Security portion of the Federal Insurance Contributions Act tax, covering both the Old Age, Survivors, and Disability Insurance.