Many People Are Employed in IT in a Large Company

question 80

Multiple Choice

Many people are employed in IT in a large company. A technical team leader would:

• A) Be second in command to the CIO
• B) Know Java, Perl, and Web services, and possess the ability to design an Internet solution from concept through implementation
• C) A senior member of the technical team and has good communication, leadership, and project management skills
• D) Have skills in marketing, staffing, budgeting, and building customer relationships

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Definitions:

Days' Sales in Inventory

A financial ratio that indicates the average time in days that a company takes to turn its inventory into sales.

Ending Inventory

The overall value of products for sale at the close of a fiscal period.

Cost of Goods Sold

Directly associated expenditures for producing the goods a business sells, including the cost of materials and labor.

Average Total Asset

A measure used to calculate the average value of a company's assets over a specific period, often used in profitability and efficiency ratios.