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Commerce · Q100

Costing

Graduate and Post Graduate · Commerce · question 100

Q100

Those cost which is incurred to prevent the labour turnover __________.

A.
management cost
B.
replacement cost
C.
preventive cost
Answer
D.
compensation cost

Answer: Option C

Solution

Answer: Option C
Solution:
Those cost which is incurred to prevent the labour turnover is known as preventive cost. These are costs which are incurred to prevent excessive labour turnover. The aim of these costs is to keep the workers satisfied so that they may not leave the factory.