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Questions and Answers
What is the purpose of estimating the cost of accidents, according to the text?
What is the purpose of estimating the cost of accidents, according to the text?
- To apply broad industry cost factors
- To examine accounting records
- To justify the need for safety and health professionals (correct)
- To show that accidents are less expensive than prevention
According to the text, what is necessary for a cost estimate to have value?
According to the text, what is necessary for a cost estimate to have value?
- Being company-specific (correct)
- Relating to broad industry cost factors
- Applying uninsured cost factors
- Being based on general accident data
How are company-specific cost figures arrived at, according to the text?
How are company-specific cost figures arrived at, according to the text?
- By applying broad industry cost factors
- By dividing costs into insured & uninsured costs (correct)
- By justifying the need for safety and health professionals
- By examining uninsured costs only
What is the significance of determining insured costs of accidents, as mentioned in the text?
What is the significance of determining insured costs of accidents, as mentioned in the text?
According to the text, what must safety & health professionals be able to do?
According to the text, what must safety & health professionals be able to do?
What was the developed procedure for estimating costs, according to the text?
What was the developed procedure for estimating costs, according to the text?
What is an example of productivity costs mentioned in the text?
What is an example of productivity costs mentioned in the text?
In Example 1, what was the cost of replacement parts, equipment, or lost product?
In Example 1, what was the cost of replacement parts, equipment, or lost product?
What is the estimated wage rate for employers in the hospitality incident example?
What is the estimated wage rate for employers in the hospitality incident example?
What kind of injury did the construction worker in Example 1 sustain?
What kind of injury did the construction worker in Example 1 sustain?
Which step involves the time to assess damage in Example 1?
Which step involves the time to assess damage in Example 1?
What was the total estimated cost for incident costs in Example 1?
What was the total estimated cost for incident costs in Example 1?
What are the other costs associated with replacement costs in Example 1?
What are the other costs associated with replacement costs in Example 1?
What was the cost of first aid supplies and equipment in Example 1?
What was the cost of first aid supplies and equipment in Example 1?
What step involves the time for follow-up medical appointments in Example 1?
What step involves the time for follow-up medical appointments in Example 1?
What is an example of investigation costs mentioned in the text?
What is an example of investigation costs mentioned in the text?
What is the purpose of dividing accidents into different classes?
What is the purpose of dividing accidents into different classes?
How are the average uninsured costs for each class of accident determined?
How are the average uninsured costs for each class of accident determined?
What does the term 'loaded labor rate' refer to in the context of cost estimation?
What does the term 'loaded labor rate' refer to in the context of cost estimation?
What is an example of a hidden cost associated with workplace accidents?
What is an example of a hidden cost associated with workplace accidents?
What is the primary impact of global competition on workplace safety?
What is the primary impact of global competition on workplace safety?
In which industries are occupational injuries more prevalent in developing countries?
In which industries are occupational injuries more prevalent in developing countries?
What type of workers are more likely to suffer nonfatal injuries?
What type of workers are more likely to suffer nonfatal injuries?
What is the primary reason for early retirements in developing countries?
What is the primary reason for early retirements in developing countries?
Why is it important to estimate hidden costs associated with workplace accidents?
Why is it important to estimate hidden costs associated with workplace accidents?
What is the primary consequence of deteriorating record-keeping & reporting systems in developing countries?
What is the primary consequence of deteriorating record-keeping & reporting systems in developing countries?
Which category of employees tends to suffer from musculoskeletal disorders and psychosocial problems?
Which category of employees tends to suffer from musculoskeletal disorders and psychosocial problems?
What is included in the incident cost?
What is included in the incident cost?
What is considered as part of the investigation cost?
What is considered as part of the investigation cost?
What is included in the damage cost?
What is included in the damage cost?
What is part of the replacement cost?
What is part of the replacement cost?
What is considered as part of the productivity cost?
What is considered as part of the productivity cost?
Which one of these is part of the incident cost?
Which one of these is part of the incident cost?
What is included in the investigation cost?
What is included in the investigation cost?
What is considered as part of the damage cost?
What is considered as part of the damage cost?
What is part of the replacement cost?
What is part of the replacement cost?
What is considered as part of the productivity cost?
What is considered as part of the productivity cost?
Which one of these is part of the investigation cost?
Which one of these is part of the investigation cost?
What is included in the incident cost?
What is included in the incident cost?
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