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Which of the Following Is True

question 19

Multiple Choice

Which of the following is true?

Distinguish between different categories of training program costs (direct, indirect, developmental, overhead).
Identify and classify the design elements of training programs (apprenticeship, on-the-job, blended, off-the-job).
Grasp the significance of calculating ROI and connecting training outcomes to business impact.
Differentiate between monetary and non-monetary benefits of training programs.

Definitions:

Gross Profit

The financial gain obtained after subtracting the cost of goods sold from total sales revenue.

Average Cost Methods

The average cost method is an inventory costing method where all costs of inventory are averaged out and applied to the cost of goods sold and ending inventory.

Security Measures

Steps or protocols implemented to protect assets, information, and people from theft, damage, and unauthorized access.

Safeguard Inventory

Strategies and measures implemented by a business to protect its inventory from theft, damage, and other losses to ensure accurate stock levels and financial records.

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