The Occupational Safety and Health Act Does Not Apply to the Federal

question 14

Multiple Choice

The Occupational Safety and Health Act does not apply to the federal and state governments in their capacity as employers, nor does it apply to domestic servants or:

• A)supervisors.
• B)self-employed persons.
• C)negotiators.
• D)arbitrators.

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Definitions:

Net Income

The amount of profit left after all expenses, taxes, and costs have been subtracted from total revenue.

Cash Dividends

Payments made by a corporation to its shareholders from its profits or reserves.

Primary Beneficiary

The primary beneficiary is the entity that has the controlling financial interest in a variable interest entity, and thus is the party that consolidates the entity's financial statements with its own.

Consolidation

The process of merging multiple financial statements of a parent company and its subsidiaries into a single, aggregated document for reporting purposes.