The number of employees who left the company, divided by average number of employees to calculate the ratio is called _____________?
Correct answer: A. employee turnover ratio
- A. employee turnover ratio
- B. employee empowerment ratio
- C. employee satisfaction ratio
- D. employee training percentage
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.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? support@testustad.com
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.
Practise Cost Accounting
941 free Cost Accounting MCQs from Accounting, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Accounting questions like this
Accounting is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Cost Accounting questions
The carrying costs of inventories and price discounts related to delayed deliveries are examples of _____________?
The sum of manufacturing and waiting time for an order is classified as ___________?
The statistical quality control is also called __________?
If the number of employees who left the job are 40, the total number of employees are 200, then the employee turnover ratio will be __________?
The cost operations such as wages, salaries, depreciation, utilities and rent are summed together to calculate __________?
The formal way of differentiating, between non-random and random variations, in manufacturing process is classified as ____________?