What Is the First Step in Any Training Program

question 1

Multiple Choice

What is the first step in any training program?

• A)deciding on build or buy
• B)assessing training needs
• C)determining the training objectives
• D)determining the training content

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Definitions:

Straight-Line

A method of calculating depreciation of an asset, whereby its cost is evenly spread over its useful life.

Cash Payback Period

The time it takes for a business to recover its investment in a project solely from cash flows, used to assess the risk or attractiveness of an investment.

Depreciation Expense

The systematic allocation of the cost of a tangible asset over its useful life, reflecting the consumption of the asset.

Cash Payback Period

The duration required for an investment to generate cash flows sufficient to recover the initial cost of the investment.