What Is the Generally Accepted Benchmark for Organisations in Relation

question 11

Multiple Choice

What is the generally accepted benchmark for organisations in relation to voluntary turnover?

• A) To be in the 25th percentile for their industry in voluntary separation
• B) To be in the 25th percentile for all industries in voluntary separation
• C) To be in the 75th percentile for their industry in voluntary separation
• D) To be in the 75th percentile for all industries in voluntary separation
• E) To retain at least 50 per cent of staff over each five-year period

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Definitions:

Investment Account

An account held at a financial institution that is used to buy, hold, and sell investments such as stocks, bonds, and mutual funds.

Cost Model

An accounting method that values an asset based on the amount spent to acquire it minus any depreciation.

Dividend Income

Income earned from owning shares in a company, paid out from the company's earnings to shareholders.

Common Shares

Equity securities that represent ownership in a company, entitling shareholders to vote and typically to receive dividends.