An OSHA Standard Requires Employers To

question 12

Multiple Choice

An OSHA standard requires employers to:

• A)pay for all medical care received by their employees who are past age 65.
• B)ensure that employees have and use personal protective equipment when required for safety and health.
• C)find jobs for all those employees who are fired because of incompetence.
• D)provide at least one sick and one personal day per month and 3 to 4 weeks of vacation each year.

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Definitions:

Operating Profit

The profit earned from a firm's core business operations, excluding deductions of interest and tax, as well as any non-operational income and expenses.

Loss

A financial situation where expenses exceed revenues.

Pension Expense

The total cost recognized by an employer for an accounting period regarding the company’s pension plan, comprising service costs, interest costs, plan amendments, and other factors.

Operating Segments

Components of an enterprise that engage in business activities earning revenues and incurring expenses, whose operational results are regularly reviewed by the entity's chief operating decision maker.