POBF-Unit 4.00

One way a business can reduce the risk of accidents in the workplace isby providing its employees with:

• safety training.
• electronic data interchange (EDI).
• supply manuals.

The primary reason that governments develop workplace health andsafety regulations is to:

• protect employees from injury and illness.
• reduce the risk of employment discrimination.
• ensure that employees have access to insurance.
• prevent the breach of business information systems.

OSHA is:

• Occupational Safe & Health Act of 1970
• Occupational & Happy Act of 1970
• Old & Stingy Act of 1970
• Occupational Safe & Health Act of 1980

An unexpected happening that may result in injury, loss, or damage.

• Accident
• Hazard
• Risk
• Safety

Maintaining an inventory of supplies helps a business to:

• establish sales goals.
• operate efficiently.
• locate vendors.
• evaluate processes.

By purchasing just the quantity of supplies that is needed, purchasingcan:

• plan the company's cash flow.
• provide an uninterrupted flow of supplies.
• buy supplies at the lowest possible price.
• minimize inventory investment.

Compliance is:

• Fulfilling the requirements of the law
• Doing what you are told.
• Being submissive.
• Fulfilling the required expectations.

Potential events or situations that can cause injury or harm to people, property, or the environment. 

• Hazard
• Danger
• Accident
• Risk

Mark, who owns a small home-appliance store, is in the process ofplacing an order for 12 refrigerators, 8 stoves, and 4 portabledishwashers. Mark is purchasing the refrigerators for $674.98 each, thestoves for $493.22 each, and the portable dishwashers for $284.83 each.What is the total cost of the stoves that Mark is purchasing?

• $493.22
• $3,945.76
• $2,278.64
• $5,399.84

The first step in maintaining an inventory of supplies for the business isto:

• conduct research to find vendors that sell the supplies.
• develop a list of supplies that the business needs.
• compare prices among vendors.
• organize a space to store the supplies.