The Utility of a Training Program Equals (T)(N)(td) × [(SDy

question 58

True/False

The utility of a training program equals (T)(N)(td) × [(SDy - (N)(C)].

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Definitions:

Merchandise Inventory

Goods that a company holds with the intent of selling them to customers.

Accounts Payable

Liabilities or amounts owed by a business to creditors for purchases or services rendered that haven't been paid for yet.

Contra-Asset

An account displayed on the balance sheet that reduces the value of a related asset, such as accumulated depreciation.

Liability

Financial obligations, debts, or responsibilities owed by a business to others, to be settled over time through the transfer of economic benefits.