(A) Loss of output
(B) Cost of personnel administration
(C) Cost of tool and machine breakage
(D) Cost of scrap and defective work
Tag: Financial Accounting Mcqs
Preventive costs of labour turnover include the following except :
(A) Cost of recruitment and training
(B) Medical services
(C) Welfare
(D) Welfare
Which of the following is not a cost implication of labour turnover :
(A) Training
(B) Recruiting
(C) Ageing labour force
(D) Damage of machine
Labour turnover can be measured by the following methods except :
(A) Attrition method
(B) Separation method
(C) Replacement method
(D) Flux method
The unavoidable causes of labour turnover include the following except :
(A) Personal betterment
(B) Dissatisfaction with the job
(C) Illness
(D) Retirement
Avoidable causes of labour turnover include the following except :
(A) Redundancy
(B) Low wages
(C) Bad working conditions
(D) Marriage
Fringe benefits are those for which efforts of the workers are not necessary and may include the following except :
(A) Holiday pay
(B) Attendance bonus
(C) Production bonus
(D) Employer‘s contribution to P.F.
A manufacturing firm is very busy and is working overtime. The amount of overtime premium contained in direct wages would normally be classed as :
(A) Part of prime cost
(B) Factory overheads
(C) Direct labour cost
(D) Administrative overheads