All of the Following Are Analyses Used to Determine Training

question 15

Multiple Choice

All of the following are analyses used to determine training and development needs EXCEPT a(n) ________.

• A) organizational analysis
• B) consumer analysis
• C) person analysis
• D) task analysis

Understand the effects of U.S interest rates and public debt on the economy and the federal budget.

Realize the significance of managing the costs of servicing federal debt to sustain deficits.

Recognize the historical trends in federal budget deficits and surpluses.

Understand the concept of budget deficit and its components.

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Definitions:

Standard Price

A predetermined cost that serves as a benchmark for evaluating actual cost performance in purchasing or production.

Direct Materials

Raw materials that can be directly traced to the production of specific goods or services.

Manufacturing Cost Variance

The difference between the actual costs of production and the standard or expected costs, indicating efficiency or inefficiency in the manufacturing process.

Direct Materials Cost Variance

The difference between the actual cost of direct materials used in production and the standard cost expected to be used.