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Donald Kirkpatrick's training program evaluation model includes four levels: reaction, learning, ______, and results.
Net Income
The total profit of a company after all expenses and taxes have been deducted from total revenues.
Margin of Safety
The difference between actual or projected sales and the break-even point, indicating the cushion a business has before it incurs a loss.
Variable Expenses
Expenditures that change in direct correlation with production levels or the quantity of sales, including costs like raw materials and direct labor.
Fixed Expenses
Costs that do not change regardless of the level of production or business activity.
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