Job Rotation Tends to Be an Expensive Form of Employee

question 22

True/False

Job rotation tends to be an expensive form of employee development because it takes time for employees to become familiar with their new units.

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Definitions:

Disbursement Float

The time delay between when a check is written and when it is actually deducted from the payer's account.

Available Balance

The funds in a bank account that are accessible for withdrawal or use, accounting for any pending transactions.

Book Balance

The amount of money on the books or recorded in the financial statements, differing from the actual cash balance due to outstanding checks or deposits in transit.

Zero-balance Account

A type of bank account that maintains a balance of zero, with funds being transferred into it to cover checks written or transactions made.