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One of the most consistent findings in the literature is that successful safety programs require
Perpetual Basis
An approach or method without a predetermined end date, continuing indefinitely.
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, calculated by dividing current assets by current liabilities.
LIFO Reserve
The difference between the cost of inventory calculated using the Last In, First Out method and the First In, First Out method.
Current Assets
Assets that are expected to be converted into cash, sold, or consumed within one year or within the business's operating cycle.
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