Which of the Following Is True of Employees Terminating Employment

question 25

Multiple Choice

Which of the following is true of employees terminating employment based on voluntary turnover?

• A)They include those who work too many hours as well as those who do not get enough work hours.
• B)They include only those working on an hourly-wage basis and not the salaried ones.
• C)Those who work on an hourly basis usually tend to leave due to working too many hours.
• D)Those employees who are salaried usually tend to leave due to lack of enough work hours.
• E)They exclude those who do not get enough work.

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Definitions:

Direct Labor Rate Variances

This term refers to the difference between the actual cost of direct labor and the expected (or standard) cost, used in manufacturing and budgeting.

Efficiency Variances

The differences between actual performance in terms of time or cost and the standard expected performance.

Cost Information

Refers to data related to the amount of money required to produce goods or services, including production, maintenance, and other associated expenses.

Favorable

A term that indicates a positive variance or outcome, especially in the context of budgeting and financial analysis.