Which of the Following Statements Is True of Employee Turnover

question 131

Multiple Choice

Which of the following statements is true of employee turnover?

• A) The top management of a company prefers dysfunctional turnover to functional turnover.
• B) One of the best ways to influence functional and dysfunctional turnover is to link pay directly to performance.
• C) Functional turnover is the loss of high-performing employees who voluntarily choose to leave a company.
• D) Dysfunctional turnover gives an organization a chance to replace poor performers with better workers.

---

Definitions:

Job Costing

An accounting method used to track the costs associated with a specific job or project, enabling businesses to estimate profitability.

Process Costing

A costing methodology used in manufacturing, where costs are assigned to batches or production processes, rather than individual units, making it effective for homogenous products.

Australian Accounting Standards

The rules and guidelines set by the Australian Accounting Standards Board (AASB) that govern the preparation and reporting of financial statements in Australia.

Custom-Made

Products or services that are specially designed and produced to meet the specific requirements or specifications of a customer.