After a Large Fire at Rowen Mills Inc

question 69

Multiple Choice

After a large fire at Rowen Mills Inc.,the Occupational Safety and Health Administration (OSHA) sent inspectors to the facility to investigate the incident.The group began its inspection by talking to all the employees involved in the recent fire and asked them what had caused the accident.Once all employees gave their views individually,they were asked to discuss among themselves the single systemic failure that caused the fire.Which of the following methods is being used by OSHA to study the recent fire at Rowen Mills?

• A) Operations cycle review
• B) Standard protocol review
• C) Technic of operations review
• D) Job hazard analysis technique
• E) Utilization analysis

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Definitions:

Fixed Overhead Budget

A financial plan that estimates the fixed costs needed to produce goods or services over a specific period.

Volume Variance

The difference between the expected (budgeted) volume of activity and the actual volume, and its impact on the budgeted costs.

Control

The process of gathering feedback to ensure that a plan is being properly executed or modified as circumstances change.

Budgets

A financial plan for a defined period, often one year, detailing projected revenues and expenses.