Occupational Safety and Health Act Requires Employers to Keep Records

question 51

Multiple Choice

Occupational Safety and Health Act requires employers to keep records of deaths, injuries, and illnesses if they have _____ or more full-time or part-time employees.

• A)100
• B)50
• C)51
• D)11
• E)25

---

Definitions:

PSAB

Public Sector Accounting Board, which sets accounting standards for public sector entities in Canada.

Revenue Measured

The process of determining the monetary amounts at which the revenues of a company are recognized in the financial statements.

Tax Concessions

Financial incentives or reductions in tax rates provided by governments to encourage certain business activities or investments.

Public Company

A business entity that has issued securities through an initial public offering and is traded on at least one stock exchange or in the over-the-counter market.