Fewer Than Half of All Organizations Even Try to Measure

question 2

True/False

Fewer than half of all organizations even try to measure the value of training,and fewer still calculate the return in monetary terms.

---

Definitions:

Multiple Production Department Rates

The use of different overhead application rates for various departments within a manufacturing facility to more accurately assign costs.

Activity-Based Costing

A costing method that assigns costs to products and services based on the resources they consume.

Activity-Based Costing

A costing methodology that assigns costs to products and services based on the activities required to produce them.

Overhead Costs

Indirect costs of running a business that are not directly attributable to a specific product or service, such as rent, utilities, and administrative expenses.