Which of the Following Is True About On-The-Job Training (OJT)

question 18

Multiple Choice

Which of the following is true about on-the-job training (OJT) ?

• A) It is less disruptive to the work flow than other types of employee training methods.
• B) It is flexible and relevant to what employees do.
• C) It is more expensive than classroom training.
• D) It is typically outsourced to external firms.

Identify the types of costs associated with manufacturing (direct materials, direct labor, and manufacturing overhead) and how they relate to product cost.

Recognize the role and impact of facility-level costs within a costing system.

Explain the process and significance of cost allocation in manufacturing and service industries.

Distinguish between different levels of activities (unit-level, batch-level, product-level, facility-level) in relation to production and costing.

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Definitions:

Three Years

A period of time equal to 36 months or 1,095 days, often used as a significant measure in planning, agreements, or assessing progress.

Innovative

Characterized by introducing new ideas, products, or methods that bring significant changes or improvements.

Groundbreaking

Characterized by originality or innovation, leading to new discoveries, developments, or significant changes.

Process

A series of actions or steps taken in order to achieve a particular end.