Angela Is Disturbed That the Inactivity Rate in Her Department

question 61

Multiple Choice

Angela is disturbed that the inactivity rate in her department is 10%.Which of the following statements is TRUE?

• A) An inactivity rate of 10% is considered within normal range..
• B) This metric indicates that 10% of work time in Angela's department is lost to absenteeism.
• C) This metric indicates that 10% of Angela's employees are absent in any one day.
• D) This metric indicates that the average time lost per employee per month is 10%.

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Definitions:

Withdraw

Withdraw refers to the act of taking out money from a bank account or the removal of assets or resources from use or participation.

Capital Account

An account on a nation's balance of payments that records transactions involving the purchase and sale of assets, such as property and stocks.

Withdrawals

Withdrawals refer to the act of taking money out of a bank account, but in a business context, it often refers to the owner taking funds out of the business for personal use.

Income Summary

An account used in the closing process in accounting to gather all revenues and expenses for a period before transferring the net result to the capital account.