What Is the Primary Reason Why Organizations Train New Employees

question 30

Multiple Choice

What is the primary reason why organizations train new employees?

• A) to increase their knowledge, skill, and ability level
• B) to help trainees achieve personal career goals
• C) to comply with federal regulations
• D) to improve the work environment

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Definitions:

CICA Handbook

The Canadian Institute of Chartered Accountants Handbook, containing standards and guidelines for accounting and auditing practices in Canada.

ASPE

Accounting Standards for Private Enterprises; a set of accounting principles designed specifically for private companies in Canada.

PSAB Recommendations

Advisory statements and guidelines issued by the Public Sector Accounting Board, which influence the accounting and financial reporting practices within the public sector.

Professional Financial Preparers

Individuals with specialized knowledge and skills in preparing financial records and statements in accordance with applicable standards.