What Is the Best Approach for Preventing Accidents

question 57

Multiple Choice

What is the best approach for preventing accidents?

• A)Design tools appropriately
• B)Train workers to avoid accidents
• C)Don't hire accident-prone workers
• D)The best approach depends on the particular situation.

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Definitions:

Potential Drop

An anticipated decrease in value or performance, often used in the context of stocks or electrical voltage.

Earnings

The profit a company generates during a particular period, often used as a measure of its financial performance.

Effective Rate

The effective rate is the actual interest rate that a borrower pays on a loan or receives on a deposit account, after the compounding of interest is taken into account.

Contract Rate

The interest rate specified in a financial contract, notably in loans or leases, that must be paid over the duration of the agreement.