The Experiential Learning Cycle Model Illustrates the Following

question 31

Multiple Choice

The experiential learning cycle model illustrates the following:

• A) the role of the self, experience and facilitation
• B) the role of self, capacity building and learning
• C) the link to our past, the role of leaning and facilitation
• D) past experiences, the role of mentors and training need

---

Definitions:

High-Low Method

The High-Low Method is a technique used in accounting and finance to estimate the variable and fixed costs associated with producing a good or service by analyzing the highest and lowest activity levels.

Unit Variable Cost

The cost associated with producing one additional unit of a product, including materials and labor, which varies with the level of production.

High-Low Method

A technique used in managerial accounting to estimate fixed and variable costs associated with production by analyzing the highest and lowest levels of activity.

Mixed Costs

Expenses that contain both fixed and variable components, changing in total with the level of activity but also containing a constant component.