Which of the Following Would Be an Appropriate Method of Categorizing

question 65

Multiple Choice

Which of the following would be an appropriate method of categorizing the cost of a training program according to the textbook?

• A) based on the number of participants
• B) using two separate categories, indirect and fixed costs
• C) based on hard costs, soft costs, and variable costs of the training program
• D) according to the specific stage of the training process

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Definitions:

Minnesota

A state in the Midwestern United States known for its lakes, forests, and vibrant cultural scene, as well as its contributions to industry, agriculture, and education.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing one option over another.

Medical Doctors

Professionals who are licensed to practice medicine and provide health care services to patients.

Medical School

An educational institution dedicated to the training of individuals in the field of medicine to become physicians.