Regularly Checking the Condition of Equipment, Machinery and Tools and Promptly

question 19

Multiple Choice

Regularly checking the condition of equipment, machinery and tools and promptly fixing any defects can help to prevent accidents caused as a result of:

• A) human error.
• B) inadequate training.
• C) inadequate supervision.
• D) systems failure.
• E) poor housekeeping.

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Definitions:

Fixed Factory Overhead

Indirect manufacturing costs that remain relatively constant regardless of the level of production, such as rent, depreciation, and salaries of factory supervisors.

Volume Variance

The difference between the expected volume of sales or production and the actual volume, which can impact costs and profitability.

Fixed Factory Overhead

The consistent, non-variable costs associated with operating a factory, such as rent, utilities, and salaried personnel.

Volume Variance

The difference between the expected amount of output and the actual output, often indicating efficiency in production.