Which of the Following Factors Is LEAST Likely to Contribute

question 95

Multiple Choice

Which of the following factors is LEAST likely to contribute to accidents at work?

• A) unsafe conditions
• B) nature of the work
• C) hostile co-workers
• D) day of the week
• E) time of day

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Definitions:

Fixed Costs

Fixed costs are business expenses that remain constant regardless of production volume, such as rent, salaries, and insurance premiums.

Direct Materials Price Variance

The difference between the actual cost and the standard cost of materials used in production, indicating how efficiently materials are being purchased.

Standard Price

Standard price is a predetermined cost assigned to materials and goods, used in budgeting and costing calculations.

Actual Price

The real price at which a transaction takes place, unaffected by any discounts or premiums.