The Costs of Training an Employee Can Be Recouped by a Company

question 15

Multiple Choice

The costs of training an employee can be recouped by a company in increased sales per employee in which of the following amounts?

• A)$100
• B)$1,000
• C)$10,000
• D)$100,000
• E)$1,000,000

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Definitions:

Tort Liability

Legal responsibility for damages caused by a wrongful act or omission other than breach of contract.

Accountant

A professional who performs financial functions related to the collection, accuracy, recording, analysis, and presentation of a business, organization, or individual's financial operations.

Working Papers

Documents prepared or used by accountants, auditors, or attorneys during an investigation, audit, or litigation, detailing procedures performed and findings.

Audit Working Papers

Documentation prepared by auditors during an audit, which records the procedures performed, tests conducted, information obtained, and conclusions reached.