Accounting for Labour Costs Quiz

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Questions and Answers

Which of the following is a common method of measuring labour activity?

  • Production (correct)
  • Labour turnover
  • Accounting
  • Remuneration

What is productivity?

  • The reduction in unit costs
  • The quantity of output produced by labor
  • The relative measure of hours actually taken and hours that should have been taken (correct)
  • The efficiency with which output has been produced

In the given example, how many units should the employee have made in 40 hours of work?

  • 120 units (correct)
  • 40 units
  • 126 units
  • 3 units

What happens if there is an increase in production without an increase in productivity?

<p>There will be no impact on unit costs (A)</p> Signup and view all the answers

What is the relationship between productivity and the hours actually taken to make the output?

<p>They are inversely proportional (D)</p> Signup and view all the answers

True or false: Labour turnover is a method of measuring labour activity.

<p>False (B)</p> Signup and view all the answers

True or false: Productivity measures the efficiency with which output has been produced.

<p>True (A)</p> Signup and view all the answers

True or false: An increase in production without an increase in productivity will reduce unit costs.

<p>False (B)</p> Signup and view all the answers

True or false: In the given example, the employee exceeded the expected production in 40 hours of work.

<p>True (A)</p> Signup and view all the answers

True or false: Measuring production is a way to measure the hours actually taken to make the output.

<p>False (B)</p> Signup and view all the answers

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