Direct costs associated with accidents typically constitute almost 95 percent of an organization's total costs.

Question

Quizplus · Accepted Answer

Direct costs associated with accidents are often visible and quantifiable, such as medical expenses and property damage, but they usually represent a smaller portion of an organization's total costs. Indirect costs, such as lost productivity, training replacement employees, and lower morale, can be significantly higher, often several times the direct costs.

Direct Costs Associated with Accidents Typically Constitute Almost 95 Percent