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Which of the following is the right question to ask when determining the effectiveness of the training program?
Net 45
A payment term indicating the buyer must complete payment within 45 days from the invoice date.
Break-Even Point
The point at which total costs and total revenues are equal, meaning there is no net loss or gain.
Variable Cost
Costs that vary directly with the level of production or output, such as materials and labor expenses.
Monthly Interest Rate
The interest rate applicable to an investment or loan on a monthly basis.
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