Since OSHA Cannot Inspect All Workplaces It Tends to Focus

question 405

Multiple Choice

Since OSHA cannot inspect all workplaces it tends to focus on those:

• A) where conditions have little potential to be dangerous
• B) where employees or others have called to complain
• C) where few accidents have occurred
• D) all of the other specific choices are correct
• E) none of the other specific choices are correct

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Definitions:

Year-End Inventory

The total value of all inventory that a company has in stock at the end of its fiscal year.

Consignment

A business arrangement where goods are left with a third party to sell, but the ownership remains with the supplier until the goods are sold.

FOB Shipping Point

A term indicating that the buyer of goods takes ownership and is responsible for the freight charges at the time the goods leave the seller's shipping point.

Estimated Method

The estimated method is an accounting technique used to approximate the value of certain items or financial outcomes when exact figures are unavailable or impractical to determine.