Which of the Following Is True of Training

question 100

Multiple Choice

Which of the following is true of training?

• A) The best employees do not usually need any training.
• B) Training is not a major expense.
• C) Employee training meets important needs.
• D) Training cannot improve productivity.

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Definitions:

Fixed Expenses

Costs that do not fluctuate with the level of production or sales, such as rent, insurance, and property taxes.

Margin of Safety

The difference between actual or projected sales and the break-even point, measured to assess the risk of loss.

Sales

The total revenue earned from the sale of goods or services over a specific period of time.

Degree of Operating Leverage

The degree of operating leverage is a measure of how revenue growth translates into growth in operating income, indicating the sensitivity of operating income to changes in sales.