Internally Developed Training Programs Have Many Advantages Over Packaged Programs

question 43

True/False

Internally developed training programs have many advantages over packaged programs including security and confidentiality.Furthermore,internally developed programs tend to be made available to trainers and trainees faster.

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Definitions:

Variable Overhead Rate Variance

The difference between the actual variable overhead incurred and the standard cost allocated, based on the actual amount of the allocation base used.

Supplies

Materials and items used in the daily operations of a business that do not directly become part of the final product.

Flexible Budget

A budget that modifies based on fluctuations in activity levels or volume.

Output

The quantity of goods or services produced in a given time period by a company, individual, or machine.