Which of the Following Best Describes the Major Factor in Making

question 50

Multiple Choice

Which of the following best describes the major factor in making jobs safer?

• A) Labor unions are aggressive in pursuing safety objectives.
• B) Increased wealth created by economic growth makes workers less willing to take on excessive risk.
• C) OSHA oversees workplace safety and levies fines.
• D) All of the answers are correct.

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Definitions:

Units Of Production

A method of allocating the cost of a tangible asset over its useful life based on the amount of production or use of the asset.

Scrap Value

The estimated resale value of an asset after it has reached the end of its useful life.

Units-Of-Production Method

A depreciation method that allocates expenses based on the actual usage or production levels of an asset over its useful life.

Scrap Value

An asset's anticipated resale value once it has surpassed its period of utility.