Identify and Describe Three Programs Related to OSHA and Employers

question 92

Essay

Identify and describe three programs related to OSHA and employers obligation to follow or participate in them.

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Definitions:

Adjusting Entry

Accounting records are updated with journal entries at the conclusion of an accounting period to assign revenues and expenses to the time they truly took place.

Weekly Salaries

Regular payments made by an employer to its employees, usually based on hours worked, calculated on a weekly basis.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditures to the appropriate period for a correct financial picture.

Prepaid Insurance

Payments made in advance for insurance coverage, which are recorded as an asset and expensed over the period of coverage.