No Matter What Training Needs Assessment Technique Is Used to Assess

question 33

Multiple Choice

No matter what training needs assessment technique is used to assess training effectiveness, it is wise to seek input from

• A)employees.
• B)other companies.
• C)managers and supervisors.
• D)training journals.
• E)professional trainers.

Recognize the best cash management practices for firms with multiple offices and national customers.

Identify various motives for holding cash and the associated benefits.

Understand the concept of float in cash management and its implications.

Determine the optimal cash balance for firms using models like the BAT and Miller-Orr models.

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Definitions:

Fixed Costs

Costs that do not change with the level of production or sales over a certain period.

Volume Of Activity

A measure of the total amount of work performed or output produced in a specific period.

Margin Of Safety

Margin of safety is the difference between actual or projected sales and the sales level at which the business breaks even.

Contribution Margin

The amount by which a product's selling price exceeds its total variable costs, indicating how much contributes to covering fixed costs and generating profit.