Which Type of Training Allows Trainees at Different Locations to Attend

question 92

Multiple Choice

Which type of training allows trainees at different locations to attend programs online, using their computers to view lectures, participate in discussions, and share documents?

• A) on-the-job training
• B) experiential programs
• C) distance learning
• D) cross-training
• E) action learning

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Definitions:

Average Collection Period

The typical timeframe a firm needs to gather payments from sales made on credit, showcasing how efficient its credit and collection procedures are.

Total Current Assets

The aggregate amount of all current assets on a company’s balance sheet, which are expected to be converted into cash within one fiscal year.

Receivable Turnover

A measure of how quickly a company collects cash from its accounts receivable, typically calculated as net credit sales divided by average accounts receivable.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency in managing and selling goods.