Modeling

question 134

Multiple Choice

Modeling:

• A) builds a bridge between employees and the organization
• B) demonstrates the desired behavior or method to be learnt
• C) sets a road map for the training course,objectives,and learning points
• D) breaks down tasks to facilitate learning

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Definitions:

Direct Labor Hours

The total time workers spend producing a product or performing a specific service, directly contributing to the output.

Plantwide Overhead Rate

A single overhead absorption rate used throughout an entire factory or plant, applied uniformly to all cost objects irrespective of the department incurring the overhead.

Unit of Product

This term refers to a single complete product that is ready for sale or has passed through one complete stage of production.

Departmental Overhead Rate Method

An accounting method used to allocate overhead costs to specific departments based on relevant activity bases.