Which of the Following Is the First Step in the Process

question 69

Multiple Choice

Which of the following is the first step in the process of providing training to employees?

• A) Setting objectives for training
• B) Deciding who will participate in the training program
• C) Choosing training methods
• D) Assessing needs for training

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Definitions:

Credit Policy

The guidelines a company follows to determine credit terms for customers, including payment period, interest rates, and the criteria for extending credit.

Delayed Credit

A bookkeeping entry signifying credits that will be applied to a customer's account at a future date, affecting future billing cycles rather than immediate revenues.

Delayed Charge

A transaction that records an expenditure which will be billed to a client or customer at a future date, not immediately impacting cash flow.

Pending Expense

Expenditures that have been incurred but not yet fully processed or paid out.