alleryStart learning →A firm has 50 staff at both year start and year end, and 10 left. Turnover?
A15%
B20%
C25%
D10%
Answer & Solution
Correct answer: B. 20%
Average headcount is 50, so 10 leavers divided by 50 gives 20 percent.
Keep practising Employee Cost
Browse all Employee Cost questions for CA Inter, or explore more Cost and Management Accounting topics.
Related questions
An Improshare standard identifies the expected number of what?Profit sharing payments often depend on the company's:Improshare stands for:A Scanlon plan incentive uses the ratio of labour cost to:Gainsharing differs from profit sharing as it measures:Gainsharing returns what to employees?Perks are benefits that are mostly:Exchanging cash wages for another benefit is called salary: