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:

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life evenly.

Depreciation Expense

Assigning the cost of a solid asset across its useful lifespan.

Journal Entry

A record of financial transactions in the accounting books, showing accounts affected, amounts, and date.

Depreciable Cost

The total cost of a fixed asset that is allocated to depreciation expense over the asset's useful life, calculated as the asset's cost minus its salvage value.