Which of the Following Statements Is True of On-The-Job Training

question 30

Multiple Choice

Which of the following statements is true of on-the-job training?

• A) It can help an organization achieve a return on the labor cost of an employee almost immediately.
• B) It can increase direct training costs for an organization.
• C) It involves a combination of vestibule training and classroom instruction.
• D) It mandates the hiring of dedicated trainers.

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Definitions:

Trade Accounts Payable

Short-term liabilities owed to suppliers for goods or services purchased on credit.

Gross Method

An accounting practice where purchases are recorded at their gross invoice amount before any trade discounts are applied.

Net Method

An accounting practice where discounts for prompt payment are recorded and considered in the invoice price.

Premium Expense

The cost associated with purchasing an insurance policy or other financial product.