Check Point easy2Comply. A Chief Technology Officer (CTO) is the individual within an organization who oversees current technology and creates relevant policy. A CTO should have the business knowledge necessary to align technology-related decisions with the organization's goals.n April 2009, President Barack Obama named Aneesh Chopra the first Chief Technology Officer of the United States. The particular focus of the first national CTO was to use applied technology to stimulate job creation, improve healthcare and security systems, and also to increase broadband access.
Average payment period. Average payment period means the average period taken by the company in making payments to its creditors. It is computed by dividing the number of working days in a year by creditors turnover ratio. Some other formulas for its computation are give below:
Your credit card terms require you to pay at least the minimum payment by the due date each month. This payment is the lowest amount you can pay on your credit card to avoid penalties.The minimum payment must be paid by the payment due date.If you miss your monthly minimum payment or you pay less than the minimum, your credit card issuer can charge you a late fee.he minimum payment must be paid by the payment due date. If you miss your monthly minimum payment or you pay less than the minimum, your credit card issuer can charge you a late fee.