Jake Recently Made Changes in His Office to Allow Employees

question 36

Multiple Choice

Jake recently made changes in his office to allow employees more time with their families. During that time, Jake has noticed a marked drop in employee turnover. Jake has increased _________.

• A) employee retention
• B) employee attrition
• C) employee growth
• D) employee self-esteem

---

Definitions:

Short-Term Investments

Assets that are expected to be converted into cash or sold within one year or the operating cycle, whichever is longer.

Internal Auditors

Professional auditors who are employed by an organization to perform auditing and analysis of its operations, systems, and financial activities, ensuring compliance and identifying improvements.

Internal Control Elements

Components of a framework designed to safeguard assets, ensure financial reporting accuracy, promote operational efficiency, and encourage adherence to policies.

Efficient Funds Transfer

The process of transferring money from one bank account to another swiftly and cost-effectively.