The Occupational Safety and Health Act of 1970

question 37

Multiple Choice

The Occupational Safety and Health Act of 1970:

• A) calls for safety and health inspections of all organizations, no matter how big or small
• B) requires all employers to record occupational accidents and illnesses
• C) made OSHA responsible for establishing and enforcing occupational safety and health standards
• D) does not require employers to record minor employee injuries that require only first aid and don't involve medical treatment
• E) is accurately described by all of the above

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Definitions:

Annuities

Financial products that provide a series of payments over time, often used for retirement savings.

Future Values

The value of an asset or cash at a specified date in the future that is equivalent in value to a specified sum today.

Compounded Monthly

A method of calculating interest where the accumulated interest is added to the principal amount at the end of each month.

Single Parent

An individual who has at least one child and raises them without the assistance of the other biological parent in the home.