A process by which employees can make decisions is divided by total number of processes to calculate ____________?
Correct answer: D. employee empowerment ratio
- A. employee turnover ratio
- B. employee training percentage
- C. employee satisfaction ratio
- D. employee empowerment ratio
Explanation
The employee empowerment ratio measures the share of processes in which employees are authorized to make decisions. Turnover, satisfaction, and training ratios measure different human-resource outcomes.
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About Cost Accounting
Cost accounting measures and analyses the cost of producing goods or providing services for planning, control and pricing decisions. It covers direct and indirect costs, fixed and variable costs, job and process costing, break-even analysis, marginal costing, overhead allocation, and the difference between product cost and period cost.
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