Identify the Correct Statement Regarding the Occupational Safety and Health

question 51

Multiple Choice

Identify the correct statement regarding the Occupational Safety and Health Act (OSH Act) .

• A) In a closing conference, all the findings of the inspection are kept confidential with the concerned officers.
• B) OSHA compliance officers do not entertain any kind of input or complaints from employees during the inspection.
• C) OSHA compliance officers notify employers a month in advance before the inspection.
• D) The OSHA compliance officer will seek a restraining order from the U.S. District Court, even if the inspection reveals that the problem is minor.
• E) If an OSH Act violation results in citations, an employer must post each citation in a prominent place near the location of the violation.

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Definitions:

Direct Method

A way of preparing the cash flow statement where actual cash flows from operating activities are listed directly.

Administrative Expenses

Costs related to the general administration of a business, such as salaries of office staff, rent, and utilities.

Cash Basis

A method in accounting where revenues and expenses are recorded only when cash is received or paid out, respectively.

Statement of Cash Flows

A financial statement that summarizes a company's cash inflows and outflows over a specific period.