Examlex

Solved

Which of the Following Statements Is INCORRECT

question 91

Multiple Choice

Which of the following statements is INCORRECT?


Definitions:

Turnover

Turnover refers to the rate at which employees leave a workforce and are replaced, or the total volume of sales made by a company during a particular period.

Return on Investment

A performance measure used to evaluate the efficiency or profitability of an investment, expressed as a percentage of the return on the investment relative to its cost.

Margin

The difference between the selling price of a product and its cost of production.

Net Operating Income

A measure of a company's profitability from its regular business operations, excluding income from investments or taxes.

Related Questions