The Acquisition of Knowledge,skills,and Behaviors That Improve an Employee's Ability

question 85

Multiple Choice

The acquisition of knowledge,skills,and behaviors that improve an employee's ability to meet changes in job requirements and in client and customer demands is called

• A)development.
• B)formal training.
• C)job evaluation.
• D)knowledge management.
• E)job specification.

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Definitions:

Interest Expense

The cost incurred by an entity for borrowed funds, reflecting the interest payable on any type of debt, including loans, bonds, or credit lines.

Foreign Exchange Risk

The potential for loss due to changes in the exchange rate between two currencies.

Exchange Rates

The rate at which one currency can be exchanged for another currency, influencing international trade and investments.

Calendar Year End

The end of an accounting period that concludes on December 31st.