Which of the Following Is True of Involuntary Turnover

question 37

Multiple Choice

Which of the following is true of involuntary turnover?

• A)It is initiated by the employee.
• B)It involves people an organization would like to retain.
• C)It may involve legal aspects that can have repercussions for the organization.
• D)It usually involves high performers.
• E)It includes employees who quit a job at will to pursue a change in career.

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Definitions:

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects revenue from its credit sales, calculated by dividing net credit sales by the average accounts receivable.

Sales On Account

Transactions where goods or services are sold with the understanding that payment will be made at a later date, typically recorded as accounts receivable.

Working Capital

Refers to the difference between a company's current assets and current liabilities, indicating its short-term liquidity and ability to fund its operations.

Financial Data

Information related to money matters of a company, including its revenue, expenses, profits, and losses.