Week 5 Assignment: Technological Needs (CO5) In a 2-3 page paper, evaluate your specific technological needs for the next 5 years and the source of funds to acquire the needed technology. Is the acquired technology considered a depreciable asset or a business expense? You should consider the research from Week 4, about technology for primary and support activities. You should utilize the ENTR427 Week 5 Pro-Forma Guide to aid in identifying start-up and operational expenses you will encounter in the first 5 years of operation. Minimum 2 pages Minimum 2 scholarly sources Finding the Funds (CO5) Where will you get the funds needed for technological innovation(s) in your organization?  Depending upon your stage of development, your needs may vary. For example, does your company need funds to create a minimum viable product or a fully featured product? Or, are you operational and looking to implement a production or manufacturing resource planning (MRP) system? Regardless of your specific needs, you will need money invested in technological innovations for the business you are in. What are those needs and where will the funds come from? Why did you choose those areas to get funding? I will attach all necessary information needed to complete the assignment to the chat log 

InstructionsFirst, review the CFA Program Candidate Body of Knowledge (CBOK). Reflecting on your work in the course and the knowledge, skills, and abilities required of a finance professional, address the following in a journal assignment:Competencies: Which of the competencies or attributes of the CBOK do you believe you excel at personally? Briefly describe.Challenges: Which of the competencies pose challenges to you, and how might you overcome those challenges?Application: How do you see yourself applying these competencies to your own career goals in finance?Be sure to reference the CBOK document and refer to any other course resources to support your responses.