Which of the Following Is an Example of a Solid

question 45

Multiple Choice

Which of the following is an example of a solid employee referral program?

• A)Nails & Hammer Inc. ,honors one employee with "The best employee-recruiter" tag every three months.
• B)Fish & Foods Co.has a standardized referral program to fit all jobs.
• C)Alpha & Beta Inc. ,maintains its referral program discretely and employees are let in only when necessary.
• D)Marie Foods Co.tracks from where and whom the best referrals come,thus identifying employees who are natural recruiters and offering them special payments.
• E)Derb & Len LLC approaches its employees for referrals only when there is a staff shortage.

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Definitions:

Total Overhead Rate

A ratio that calculates the total indirect costs of manufacture (including both fixed and variable overheads) relative to a related cost base, typically direct labor or machine hours.

Direct Labor Hours

Hours worked by employees that are directly involved in the manufacturing process, crucial for calculating product costs.

Manufacturing Overhead

The indirect costs in manufacturing operations such as maintenance, supplies, and quality control expenses.

Overhead Volume Variance

The difference between the budgeted and actual volume of activity, applied to the fixed manufacturing overhead rate, indicating efficiency in using production capacity.