Which of the Following Statements Is More Accurate Concerning OSHA's

question 13

Multiple Choice

Which of the following statements is more accurate concerning OSHA's Ergonomic Standard?

• A) There is still much disagreement between businesses and OSHA concerning the need for an Ergonomic Standard.
• B) Most businesses agree that an Ergonomic Standard is needed.
• C) OSHA's plans for having an Ergonomic standard are very popular with businesses.
• D) None of the above are accurate.

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Definitions:

Allowance for Doubtful Accounts

An accounting method used to estimate the portion of accounts receivable that is expected not to be collected.

Net Realizable Value

The amount (Accounts Receivable – Allowance for Doubtful Accounts) that is expected to be collected.

Gross Accounts Receivable

The total amount owed to a company by its customers for goods or services delivered on credit before any deductions for returns or bad debts.

Bad Debts Expense

The cost associated with accounts receivable that are not expected to be collected.