Which of the Following Are the Three Basic Causes of Accidents

question 47

Multiple Choice

Which of the following are the three basic causes of accidents in organizations?

• A) Chance occurrences, unsafe conditions, and unsafe acts on the part of Executives
• B) Old equipment, untrained employees, and unsafe acts on the part of employees
• C) Chance occurrences, unsafe conditions, and unsafe acts on the part of employees
• D) Ineffective health and safety committees, chance occurrences, and cost-cutting
• E) Unsafe conditions, untrained employees, and cost-cutting

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Definitions:

Static Budget

A fixed budget that does not change or adapt to variations in business activity levels throughout the fiscal year.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity levels, enabling more accurate budgeting in variable cost categories.

Single Level

Referring to a structure or system that operates or is organized at one layer or stage without any subdivisions or hierarchical levels.

Activity Levels

Activity Levels in cost accounting refer to the volume of production or operations that can significantly influence costs, guiding how businesses adjust their spending and operational strategies.