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Commerce · Q93

Costing

Graduate and Post Graduate · Commerce · question 93

Q93

Labour turnover is ______.

A.
productivity of labour
B.
efficiency of the labour
C.
change in labour force
Answer
D.
total cost of the labour

Answer: Option C

Solution

Answer: Option C
Solution:
Labour turnover is change in labour force. Labour turnover may be defined as the number of workers replaced during a given period relative to the average labour force during the period. It is the number of workers who left the job during a period relative to the average labour force during the period.