Money spent on employee training is a
A)prevention cost.
B)appraisal cost.
C)empowerment cost.
D)Pareto cost.

Question

Quizplus · Accepted Answer

Employee training is a form of prevention cost, as it is an investment made to prevent errors, defects, or other issues that may lead to additional costs down the road. By investing in employee training, organizations can ensure that their employees have the knowledge and skills they need to perform their jobs effectively, which can ultimately lead to higher quality products or services and increased customer satisfaction.

Money Spent on Employee Training Is a