Which of the Following Statements Is True of Rapid Needs

question 40

Multiple Choice

Which of the following statements is true of rapid needs assessment?

• A) It involves using a large amount of resources such as money and SMEs.
• B) It ultimately results in the sacrifice of the quality of the process.
• C) Its scope is independent of the size of the potential pressure point.
• D) It opts for methods that provide results in which trainers have the greatest confidences.

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Definitions:

Overhead

Expenses related to the day-to-day running of a business that are not directly linked to the production of goods or services, such as rent and utilities.

Underapplied

A term used in accounting to describe a situation where the allocated manufacturing overhead is less than the actual overhead incurred.

Overapplied

Refers to a situation where the amount of overhead cost allocated to products or services is more than the actual overhead cost incurred.

Manufacturing Overhead Applied

The amount of manufacturing overhead costs allocated to each unit of product based on a predetermined overhead rate.