All of the Following Are Objectives of On-Going Training and Development

question 3

Multiple Choice

All of the following are objectives of on-going training and development except __________.

• A) Provide training on new technology, techniques, or processes
• B) Continually ensure employee competence
• C) Prepare employees for new job duties
• D) Educate the employee of his/her benefits, compensation, and HR policies

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Definitions:

Monthly Fixed Expense

Expenses that do not change month to month, regardless of business activity, such as rent or salaries.

Contribution Margin Ratio

The proportion of sales revenue that exceeds variable costs, represented as a percentage.

Fixed Monthly Expenses

Costs that do not vary from month to month, such as rent, insurance, and salaries.

Unit Variable Cost

The cost associated with producing an additional unit of product, which includes materials, labor, and any other expenses that increase with each unit produced.