Perhaps the Most Important and Effective Thing That an Employer

question 50

Multiple Choice

Perhaps the most important and effective thing that an employer can do after an accident to reduce workers' compensation costs is to develop which of the following?

• A) An accident investigation program
• B) A loss-control program
• C) An employee assistance program
• D) An aggressive return-to-work program
• E) An accident-reporting program

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Definitions:

Equity Method

An accounting technique used when a company holds a significant but not controlling investment in another company, recognizing its share of the investee's profits and losses.

Cash Flow Statement

A financial statement that shows the cash inflows and outflows for a company over a period, including operating, investing, and financing activities.

Investing Activities

Transactions related to buying or selling long-term assets and investments other than cash equivalents.

Unrealized Gains/Losses

Financial gains or losses on investments or assets that have not yet been sold or converted into cash.