Study Guide 2024 Updates

Staff Turnover {Ans: Average cost is 2500}Revenue {Ans: dollars earned from fees collected, products and/or services sold, and income earned from investments}Sarbanes-Oxley Act {Ans: 2002 - code of ethics/whistle blowing. criminal offense to terminate or retaliate against an employee who discloses illegal practices Truth in reporting finances, checked by independent auditors. Must report on internal controls. Makes CEOS and CFO's responsible for reviewing and signing off on the above}Occupational Safety & Health Act {Ans: OSHA 1970 - Protect workers, keep them safe}OBRA {Ans: Omnibus Budget reconciliation act of 1987. Mandated national minimum set of standards of care and rights}EBITDA {Ans: Earnings before interest taxes depreciation and amortization}