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Commerce · Q225

Costing

Graduate and Post Graduate · Commerce · question 225

Q225

Labour turnover means:

A.
Turnover generated by labour
B.
Rate of change in composition of labour force during a specified period
Answer
C.
Either of the above
D.
Both of the above

Answer: Option B

Solution

Answer: Option B
Solution:
Labour turnover is defined as the rate of change of labour force in an organization during a specified period.