When developing a comprehensive safety program for a construction company, which document should serve as the primary foundation?
Correct Answer
B) OSHA Construction Industry Standards (29 CFR 1926)
OSHA Construction Industry Standards (29 CFR 1926) provide the mandatory safety requirements for construction work and should be the primary foundation for any construction safety program. These standards are federally mandated and enforceable.
Why This Is the Correct Answer
OSHA Construction Industry Standards (29 CFR 1926) are the federal regulations that establish mandatory safety and health requirements specifically for construction work. These standards have the force of law and are enforceable by federal inspectors, making them the essential foundation for any construction safety program. All construction companies must comply with these standards regardless of state or local requirements, and they cover all major construction hazards including fall protection, excavation, electrical safety, and personal protective equipment.
Why the Other Options Are Wrong
Option A: Company employee handbook
The Florida Building Code primarily addresses construction methods, materials, and structural requirements for buildings, not workplace safety standards. While it ensures safe building construction, it doesn't cover worker safety protocols, fall protection, or other occupational health requirements.
Option C: Workers' compensation insurance policy
While employee handbooks are important internal documents, they are company-specific policies that supplement but cannot replace federal safety requirements. Handbooks typically address general workplace policies rather than the specific technical safety standards required for construction work.
Option D: Florida Building Code
Workers' compensation insurance policies provide financial coverage for workplace injuries but do not establish safety standards or requirements. Insurance policies are reactive financial instruments, not proactive safety guidance documents.
More Business & Finance Questions
A general contractor purchases equipment worth $45,000 with a useful life of 9 years and no salvage value. Using straight-line depreciation, what is the annual depreciation expense?
What is the typical recommended coverage amount for general liability insurance for a small to medium-sized general contracting business?
A contractor estimates startup costs of $75,000 for equipment, $25,000 for initial inventory, $15,000 for insurance premiums, and $10,000 for working capital. They can finance 70% of the total. How much cash do they need?
When establishing professional relationships with architects and engineers, what is the most important factor for a general contractor to consider?
A partnership agreement for a construction company should address all of the following EXCEPT:
A contractor purchases a truck for $60,000. After 5 years, it has accumulated depreciation of $35,000. What is the truck's book value?
A contractor's business plan projects first-year revenue of $500,000 with a 15% net profit margin. If actual revenue is $450,000 with the same profit margin, what is the variance in net profit?
Using the Modified Accelerated Cost Recovery System (MACRS), construction equipment is typically depreciated over how many years?
A contractor is comparing financing options for equipment purchase. Option A: $80,000 cash purchase. Option B: $20,000 down, $65,000 financed at 6% for 4 years. What is the total cost of Option B?
A contractor purchases equipment using a capital lease with a present value of $120,000. How should this be recorded on the balance sheet?
People Also Study
Related Study Resources
Previous Question
Your company has 12 employees and needs to hire 3 additional workers for a 6-month project. You're considering whether to hire employees or independent contractors. The total compensation for each worker will be $35,000 for the 6-month period. If hired as employees, what additional cost should you budget for payroll taxes per worker?
Next Question
A construction company has total annual payroll of $850,000. What is the maximum FUTA tax liability for the year, assuming the standard 0.6% rate applies?