Which One of the Following Is NOT True of Transitional

question 53

Multiple Choice

Which one of the following is NOT true of transitional matrices?

• A)They show the proportion (or number)of employees in different job categories at different times.
• B)They are useful for charting historical trends in the company's supply of labour.
• C)Under stable conditions,they are useful for developing future strategies to redress labour shortages or surpluses.
• D)They are useful in predicting external labour market trends.
• E)They answer the questions: "Where did people who were in each job category go?" and "Where did people now in each job category come from?"

Understand the role of motivation in management and the factors that influence it.

Familiarize with the process of controlling and its significance in management.

Comprehend various approaches to determining a company's worth.

Identify the importance of having a vision as a foundation of leadership.

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Definitions:

Direct Labor-Hours

A measure of the labor time directly involved in the production of goods or services, typically used as a basis for allocating manufacturing overhead costs.

Predetermined Overhead Rate

An estimated rate used to assign manufacturing overhead costs to products based on a certain activity (e.g., machine hours).

Variable Manufacturing Overhead

Costs of manufacturing that fluctuate with the level of production output, such as utility costs directly tied to machine operation.

Machine-Hours

A gauge for the level of production or activity, calculated through the duration machines are in use.