Labour productivity can NOT be measured by comparing ________.
A. actual time with standard time
B. total output with total man hours
C. added value for the product with total wage cost
D. total wage and total output
Answer: Option D
Solution(By Examveda Team)
Labour productivity can NOT be measured by comparing total wage and total output. Labor productivity measures the hourly output of a country's economy.Related Questions on Costing
Basic objective of cost accounting is ________
A. tax compliance.
B. financial audit.
C. cost ascertainment.
D. profit analysis.
Process costing is suitable for ________.
A. hospitals
B. oil refing firms
C. transport firms
D. brick laying firms
The cost which is to be incurred even when a business unit is closed is a _____.
A. imputed cost
B. historical cost
C. sunk cost
D. shutdown cost
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