Which of the Following Is True of Centralized Training

question 32

Multiple Choice

Which of the following is true of centralized training?

• A) Centralized training function helps drive stronger alignment with business strategy.
• B) In centralized training, training and development programs, resources, and professionals are housed in a number of different locations and decisions about training investment, programs, and delivery methods are made from those departments.
• C) A centralized training function hinders the development of a common set of metrics or scorecards to measure and report rates of quality and delivery.
• D) A centralized training function is largely ineffective in assisting companies manage talent with training and learning during times of change.

Calculate and interpret the unit product cost under both variable and absorption costing methods.

Calculate and interpret net operating income under variable and absorption costing methods.

Understand the impact of costing methods on net operating income.

Analyze the total period costs under variable costing.

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Definitions:

Fiscal Year

A one-year period that companies use for accounting purposes and preparing financial statements, which might not align with the calendar year.

Indirect Method

A way of calculating cash flows in the cash flow statement where net income is adjusted for changes in non-cash accounts to arrive at cash provided by operating activities.

Operating Activities

Operating activities refer to the day-to-day operations of a business that generate revenue and incur expenses, impacting the company's cash flow.

Accounts Receivable

Monetary amounts owed to a company by its customers for goods or services provided on credit.