If the number of processes, in which employees who can make decisions are 20 and the number of processes are 50, then employee empowerment ratio will be _________?
Correct answer: B. 0.4
- A. 0.9
- B. 0.4
- C. 0.3
- D. 0.8
Explanation
The empowerment ratio is calculated as empowered employees divided by total processes: 20 ÷ 50 = 0.4. Therefore, option b represents the ratio.
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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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