Employee Attendance

Absence Rate
The absence rate measures the frequency of employees failing to report to work when they are scheduled. Rates above 5 percent are typically considered high, indicating potential issues within the workforce or workplace environment.
Time Card
A time card (or clock card) is a tool used to record the amount of time an employee spends at work or on a particular job. It typically logs the start and end times, providing a mechanism to calculate the total elapsed time.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.