Under WHMIS 2015, Who Is Responsible for Ensuring the Appropriate

question 14

Multiple Choice

Under WHMIS 2015, who is responsible for ensuring the appropriate classification of hazardous products?

• A) Suppliers
• B) Employers
• C) Workers
• D) Federal government
• E) Provincial or territorial government

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Definitions:

Liquidity

The simplicity of turning an asset into cash without noticeably impacting its market value.

Payback Period

The duration of time it takes to recoup the initial investment in a project or asset, calculated by dividing the investment amount by the annual cash inflow.

Internal Rate

Often refers to the internal rate of return (IRR), a metric used to estimate the profitability of potential investments.

Net Present Value

A financial metric that calculates the present value of all cash flows associated with a project, considering both inflows and outflows, to assess profitability.