Examlex
A training manager wants to determine what type of payback he/she will receive from a particular training investment.Which level of Kirkpatrick's general model would he/she use?
Gross Profit
The financial measure representing the difference between sales revenue and the cost of goods sold, indicating the efficiency of a company in managing its labor and supplies in production.
Net Income
The company's final earnings following the deduction of all expenses and taxes from the gross revenue.
Accrual System
An accounting method where income and expenses are recorded when they are earned or incurred, regardless of when the cash transactions occur.
Expenses
The outflow of money to another person or company to pay for an item or service or for a category of costs.
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