What Is the Difference Between Training and Development

question 81

Multiple Choice

What is the difference between training and development?

• A) Training is more long term and development is more short term
• B) Development is more closely tied to selection than training
• C) The lower the entry skill levels, the less development you will need
• D) Training usually addresses current needs while development addresses future needs
• E) They really are one and the same

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Definitions:

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An organization responsible for establishing and improving financial accounting and reporting standards to ensure clarity, consistency, and comparability of financial statements.

International Accounting Standards Board

An independent, private-sector body that develops and approves International Financial Reporting Standards (IFRSs).

IFRS

International Financial Reporting Standards are a set of accounting rules and standards developed by the International Accounting Standards Board (IASB) that guide the preparation of financial statements globally.

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A political and economic union of 27 European countries that are located primarily in Europe, aimed at fostering economic cooperation and collective regulation.