In cost accounting, what is the term used to describe the total days used by an employee for leave?

In cost accounting, the term that best describes the total days used by an employee for leave is Total Lost Time. This term encompasses all types of absence periods, which may include vacation days, sick leave, and any other forms of leave an employee might take. Tracking total lost time is essential for businesses as it allows them to analyze labor costs, assess employee attendance patterns, and evaluate workforce productivity. Understanding total lost time helps in budgeting and forecasting labor expenses, thus playing a critical role in financial planning and management.

While Employee Absence and Occupational Leave refer to specific types of leave, they do not encapsulate the entirety of all days lost due to various forms of leave. Attendance Record relates more to the documentation of an employee's presence versus absence at work, which also does not provide the comprehensive view that Total Lost Time offers in the context of cost accounting.