Some Companies Are Replacing Classroom Training with Computer-Based and Online

question 17

Multiple Choice

Some companies are replacing classroom training with computer-based and online training programs because these programs offer all of the following advantages EXCEPT

• A)reduced travel costs.
• B)online training programs are less difficult.
• C)online training offers consistent presentations.
• D)employees can learn at their own pace.

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Definitions:

Maturity

The state at which an entity, such as a financial instrument or product, has fully developed or reached its maximum potential.

Interest

The cost of borrowing money, often expressed as a percentage of the amount borrowed.

Positive Covenant

Positive covenant refers to stipulations in financial contracts that require the borrower to perform specific actions, such as maintaining certain financial ratios or insurance levels.

Loan Agreement

A legal contract between a borrower and a lender that outlines the terms and conditions of a loan, including repayment schedule, interest rates, and collateral.