To Motivate Employees to Learn in Training Programs, They Should

question 53

True/False

To motivate employees to learn in training programs, they should be given a choice of what training programs to attend.

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Definitions:

FIFO

"First In, First Out," an inventory valuation method where goods first added to inventory are the first ones sold.

Common Cost

An expense that benefits multiple cost objects and cannot be directly traced to any single product or process.

First-in First-out

An inventory valuation method where the costs of the oldest inventory items are charged to cost of goods sold first.

Average Cost

A method of calculating the cost of inventory or assets by taking the weighted average of the costs of all similar items in inventory or all assets acquired during a period.