With the Passage of the Occupational Safety and Health Act

question 76

True/False

With the passage of the Occupational Safety and Health Act, the federal government stepped in to ensure uniformity and enforcement of health and safety in the workplace.

---

Definitions:

Retained Earnings

The portion of a company's profits that is kept or retained for reinvestment in the business, rather than distributed to shareholders as dividends.

Business Combination

A transaction or event in which an acquirer gains control over one or more businesses.

Subsidiary Dissolved

The process of legally dissolving a subsidiary company, involving the winding up of its operations and distribution of its assets.

Subsidiary Incorporation

The process of legally establishing a subsidiary corporation, which then becomes an entity separate from the parent company.