Why Is the Distribution of Data Concerning Major Incidents and Fatalities

question 4

Multiple Choice

Why is the distribution of data concerning major incidents and fatalities skewed rather than normally distributed, making it difficult to use this to assess training effectiveness?

• A)more reporting of minor rather than major incidents
• B)major accidents and fatalities are relatively rare
• C)distinct differences between how occupational injuries are defined
• D)underrepresentation of subsequent time lost due to an earlier injury

---

Definitions:

Unearned Interest: Leases

Interest on a lease that has been collected in advance by the lessor but not yet earned, often requiring adjustment in accounting records.

Present Value Factors

Present value factors are used to calculate the present value of a future amount of money or stream of cash flows given a specified rate of return.

Lease Payment

Regular payments made by a lessee to a lessor for the use of an asset, as agreed upon in a lease contract.

Sales-Type Lease

A lease arrangement that allows the lessor to recognize profit at the inception of the lease due to the transfer of ownership or the realization of a sales profit beyond interest income.