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3 years ago

Which of these is a worker who is NOT covered by the OSH Act?

2 answers:

8 0

The OSH Act covers most private sector employers and their employees in the 50 states, the District of Columbia, Puerto Rico, and other U.S. territories. Coverage is provided either directly by the Federal OSHA or by an OSHA-approved state job safety and health plan.

Juli2301 [7.4K]3 years ago

3 0

Answer:

These are the workers or employees which are not covered by OSHA Act:

Self-employed people or workers,
The family farms which do not cover the criteria set by the institution(OSHA).
The local government and state employees of those companies which are not registered with the OSHA.

Explanation:

OSH(Occupational safety and health):

The OSH Act is basically embodied to provide the basic facilities to all the workers associated with the projects that that are registered OSHA(Occupational Safety and Health Administration).

While the OSH Act does covers mostly the employees of the private sector. But, it does have some exemptions to that as it does not cover most of the employees due to there employer being unregistered with the institution.

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If $1000 is invested at 6% interest, compounded annually, then after n years the investment is worth an

Temka [501]

Answer:

Results are below.

Explanation:

Giving the following information:

Initial investment= $1,000

Annual interest rate= 6% = 0.06

Number of periods= n

To calculate the future value after "n" periods, we need to use the following formula:

FV= PV*(1+i)^n

For example:

n= 6 years

FV= 1,000*(1.06^6)

FV= $1,418.52

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2 years ago

On January 15, 2021, Concord Company received a two-month, 6%, $8300 note from William Pentel for the settlement of his open acc

olganol [36]

$10500.

What is credit and debit?

Events known as business transactions have a financial influence on an organization's financial statements. We enter the figures in two accounts, with the debit column on the left and the credit column on the right, to account for these transactions.

Debit

An accounting debit is an addition to an asset or cost account or a subtraction from a liability or equity account. In an accounting entry, it is placed to the left.

Credit

A credit is an accounting item that either raises or lowers an asset or cost account. It can also increase or decrease a liability or equity account. In an accounting entry, it is placed to the right.

Learn more about credit and debit with the help of given link:-

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4 0

2 years ago

Choose the items below that would be added to the book balance on a bank reconciliation. (Check all that apply.)

Blizzard [7]

Answer:

A. Interest earned on the depositor's account

B. Deposit in transit and Note collected by the bank for the depositor

Explanation:

In Financial accounting, bank reconciliation can be defined as an evaluation which give a complete details of the financial items responsible for any difference between the balance of the cash account in the balance sheet and the cash balance reported in an entity's bank statement. These reconciliations should be done at regular intervals so as to ensure a balanced record of the cash account are kept by an organization or firm.

Adjusted balance ends the bank section of a bank reconciliation. Thus, in the event of any fraudulent behavior by an employee, the bank reconciliation would detect any anomaly or financial fraud in the organization.

In a nutshell, after a reconciliation of the bank statement, the adjusted bank balance should be equal to the company's ending adjusted cash balance on the balance sheet.

The items that would be added to the book balance on a bank reconciliation include the following;

A. Interest earned on the depositor's account.

B. Deposit in transit and Note collected by the bank for the depositor.

3 0

3 years ago

Avocado Company has an operating income of $80,000 on revenues of $1,000,000. Average invested assets are $500,000 and Avocado C

WARRIOR [948]

Answer:

A. 8%

Explanation:

Profit margin = (Operating income / Revenue)

Profit margin = ($80,000 / $1,000,000)

Profit margin = 0.08

Profit margin = 8%

8 0

3 years ago

The seaport town of New Monopoly has become extremely popular with shipping companies due to its superior location. The port has

attashe74 [19]

Answer:

Market failure

Explanation:

Market failure is the economic situation where goods and services are not evenly spread out on the market.

In question resources (location) is in favour of New Monopoly seaport and shipsbare forced to wait and enter the port.

Ideally, in a free market resources are to be efficiently distributed so that people do not have to go to only one place to get a good or service.

It is similar to a monopoly in the free market.

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3 years ago