Lako Systems is calculating the firm's training costs. While they were able to easily account for the direct costs of the programs, their calculations were somewhat misleading because they left out the indirect costs associated with
A)lost productivity.
B)employee travel.
C)trainers' salaries.
D)meeting site fees.

Question

Quizplus · Accepted Answer

Lost productivity is an indirect cost associated with training programs that should be taken into account when calculating training costs. When employees are away from their regular work to attend training, there is a loss of productivity that can be significant and should be factored into the overall cost of training. Employee travel, trainers' salaries, and meeting site fees are all examples of direct costs that are typically easier to account for.

Lako Systems Is Calculating the Firm's Training Costs