IT Decreases Span of Control,increases Productivity,and Increases the Need for Technical

question 25

True/False

IT decreases span of control,increases productivity,and increases the need for technical experts.

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Definitions:

Asset

Resources owned or controlled by a business or an individual that are expected to produce future economic benefits.

Compounded Semiannually

A method of calculating interest where the earned interest is added to the principal amount twice a year, leading to interest being earned on interest in the following periods.

Interest Rate

The fee a lender imposes on a borrower for the utilization of assets, depicted as a proportion of the principal amount.

Compounded Annually

The process of calculating interest on both the initial principal and the accumulated interest from previous periods on a yearly basis.