The number of employees who left the company, divided by average number of employees to calculate the ratio is called _____________?
Correct answer: D. employee turnover ratio
- A. employee training percentage
- B. employee empowerment ratio
- C. employee satisfaction ratio
- D. employee turnover ratio
Explanation
Employee turnover ratio measures the rate at which employees leave and is calculated as employees who left divided by average employees. Satisfaction, empowerment, and training are separate workforce measures.
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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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