OSHA Primarily Relies on Which of the Following to Ensure

question 79

Multiple Choice

OSHA primarily relies on which of the following to ensure compliance?

• A) financial penalties and the civil process
• B) the criminal process and the civil process
• C) the civil process and incarceration
• D) incarceration and financial penalties

---

Definitions:

Recoverable Amount

The higher of an asset's fair value less costs to sell and its value in use, indicating the maximum amount that can be recovered from an asset through its use or sale.

Impairment Loss

A decrease in the book value of a company's asset when the asset's market value drops below its book value.

Statement of Cash Flows

A document that explains how fluctuations in balance sheet accounts and income streams affect cash and cash equivalents, dividing the analysis among operating, investing, and financing operations.

Capital Cost Allowance (CCA)

CCA is the tax deduction allowed in Canada for the depreciation of property used in a business or profession.