Which of the Following Is a Major Type of OSHA

question 3

Multiple Choice

Which of the following is a major type of OSHA violation that may be cited and the penalty that may be proposed for it?

• A)The failure to abate prior violation carries a civil penalty of up to $7,000 for each day the violation continues beyond the prescribed abatement date.
• B)The proposed penalty for a willful violation can be up to $7,000 for each violation (mandatory).
• C)The proposed penalty for a serious violation can be up to $7,000 for each violation (discretionary).
• D)For a repeated violation of any standard,there is a proposed penalty of up to $7,000 for each such violation.

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Definitions:

Prepaid Expenses

Costs paid for in advance of receiving the benefit of the service or product, such as insurance premiums or rent, which are recorded as assets until used.

Income Taxes Payable

The amount of income taxes a company or individual owes to the government, which has not yet been paid.

Statement Of Cash Flows

A financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents.

Cash Dividends

Payments made by a corporation to its shareholder members as a distribution of profits.