Which of the Following Organizations Was Set Up in 1970

question 7

Multiple Choice

Which of the following organizations was set up in 1970 with the mission to ensure secure and healthful working conditions for working men and women by setting and enforcing standards and by providing training, outreach, education, and assistance?

• A) Centers for Disease Control and Prevention
• B) Employee Benefits Security Administration
• C) Social Security Administration
• D) Occupational Safety and Health Administration
• E) Old Age, Survivors, Disability, and Health Insurance Administration

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Definitions:

Preferred Stock

A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock.

Treasury Stock

Treasury stock consists of shares that were issued and later reacquired by the issuing company, reducing the amount of outstanding stock on the open market.

Paid-In Capital

The sum of money contributed by investors through the issuance of common or preferred stocks, encompassing both the nominal value of these shares and any premium above this value.

Par Value

The face value of a bond or stock as stated by the issuing company, which does not necessarily reflect its market value.