Identify Two Ways an Organisation Can Ensure Workplace Health and Safety

question 25

Essay

.Identify two ways an organisation can ensure workplace health and safety.

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Definitions:

Encumbrance Fund

A fund set aside or restricted for specific purposes, often used in government accounting to represent money that is allocated for certain obligations or projects.

Capital Assets

Long-term assets that are significant in value and are used in the operations of a business, not easily convertible to cash.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial condition.

Donated Materials

Items or supplies given to an organization for free, often recognized as income at their fair value in the period received and reported in the financial statements.