Before Training Joe Produced 20 Widgets Per Day

question 11

Multiple Choice

Before training Joe produced 20 widgets per day.Four months after training he is producing 30 widgets per day.This is an example of:

• A)Zero transfer
• B)Positive transfer
• C)Negative transfer
• D)None of the above

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Definitions:

Unearned Service Revenue

Income received by a company for services yet to be provided, recorded as a liability until the services are performed.

Financial Statement

Reports outlining the financial standing of a business, incorporating the balance sheet, income statement, and cash flow statement.

Permanent/Temporary

Classification of accounts where permanent accounts (real accounts) represent ongoing items that are not closed at the end of the accounting period, whereas temporary accounts (nominal accounts) are closed.