A Local Bank Is Contemplating Adding a New ATM to Their

question 63

Multiple Choice

A local bank is contemplating adding a new ATM to their lobby. They will need another phone line to provide communications which has a monthly cost of $50 per month. This is an example of _____________.

• A) Incremental cash flow
• B) Sunk cost
• C) Complementary costs
• D) None of these

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Definitions:

Voluntary Turnover

Occurs when employees choose to leave their jobs of their own accord, rather than being fired or laid off.

External Turnover

The process of employees leaving an organization and being replaced by new hires from outside the organization, often monitored to assess the health of a company's workforce strategies.

Progressive Discipline

A process used by organizations to address employee performance issues or misconduct through a series of escalating steps, starting with counseling and leading up to termination if necessary.