Perpetual Inventory Differs from Physical Inventory in That

question 17

Multiple Choice

Perpetual inventory differs from physical inventory in that:

• A)a record of the quantity in stock is always available with physical inventory.
• B)food cost per day cannot be calculated with perpetual inventory.
• C)purchases and inventory issues are recorded with physical inventory.
• D)no visual inspection of the inventory is done to calculate perpetual inventory.

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Definitions:

Kirkpatrick's General Model

A widely used framework for evaluating training programs, categorizing the outcomes into four levels: reaction, learning, behavior, and results.

Return on Investment

A financial metric used to assess the profitability or efficiency of an investment, calculated by dividing the benefit (return) of an investment by the cost of the investment.

Training Evaluation Processes

Methods used to assess the effectiveness and efficiency of training programs.

Objective Metrics

Quantifiable measurements used to assess performance, productivity, or other predefined indicators.