What Is the Main Drawback of Attrition

question 60

Multiple Choice

What is the main drawback of attrition?

• A) It is hard to implement.
• B) It costs large sums of money.
• C) Employees do not accept this strategy.
• D) The organization has no control over who goes and who stays.
• E) It takes a short period of time.

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Definitions:

Accounts Receivable Subsidiary Ledger

A ledger detailing individually the amounts owed by each customer, supplementing the general ledger's summary account.

Posting Frequency

The regularity with which financial transactions are recorded and posted in the accounting system.

Accounts Payable

Liabilities of a business that are due to vendors or suppliers for goods or services received that have not yet been paid for.

Cash Payments Journal

A financial journal that records all cash outflows or payments made by a business.