Time and effort needed to gather experience on a technology or process are _____
A) Direct Costs
B) Indirect Costs
C) Sunk Costs
D) Learning Curve Costs
E) Reserves Costs

Question

Quizplus · Accepted Answer

Time and effort needed to gather experience on a technology or process are referred to as learning curve costs. These costs can be considered as a type of indirect cost because they are not directly tied to production or manufacturing, but they are necessary for employees to become proficient and efficient in their work.

Time and Effort Needed to Gather Experience on a Technology