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GFOA CPFO Exam - Topic 12 Question 94 Discussion

In 2005 the police department had four lost workday cases and 27 days were lost. The department has 53 full-time employees. The frequency and severity rates will be
D) 7.9 and 50.9
A) 7.5 and 50.9
B) 8.0 and 51.0
C) 7.5 and 51.9

GFOA CPFO Exam - Topic 12 Question 94 Discussion

Actual exam question for GFOA's CPFO exam
Question #: 94
Topic #: 12
[All CPFO Questions]

In 2005 the police department had four lost workday cases and 27 days were lost. The department has 53 full-time employees. The frequency and severity rates will be

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Suggested Answer: D

by Coleen at Aug 03, 2024, 05:53 PM

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Delmy
6 months ago
I’m surprised the numbers are so low for a full-time staff of 53!
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Catalina
6 months ago
Definitely not option D, that seems off.
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An
7 months ago
Wait, how do they even calculate severity rates?
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Estrella
7 months ago
I think it should be option A, sounds right!
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Leanora
7 months ago
The frequency rate is calculated as (lost workday cases / total employees) * 1,000.
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Garry
7 months ago
I’m leaning towards option C, but I’m a bit confused about how to derive the severity rate correctly.
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Shalon
8 months ago
This question feels familiar; I think I practiced something similar where we had to calculate both rates.
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Georgene
8 months ago
I think the severity rate is based on total days lost divided by the number of employees, but I can't recall the exact numbers.
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Shonda
8 months ago
I remember calculating frequency rates, but I'm not sure if I got the formula right for this one.
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Von
8 months ago
Alright, I think I've got it. The frequency rate is 4 / 53 = 7.5, and the severity rate is 27 / 53 = 50.9. Option A looks like the correct answer.
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Geoffrey
8 months ago
I've got this! The frequency rate is the number of lost workday cases divided by the number of employees, and the severity rate is the number of lost workdays divided by the number of employees. Easy peasy!
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Skye
8 months ago
I'm a bit confused on how to calculate the frequency and severity rates. Can someone walk me through the formulas?
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Yoko
8 months ago
Okay, let's think this through step-by-step. We need to calculate the frequency and severity rates based on the given information.
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Devorah
8 months ago
Hmm, I'm not sure which formula to use here. I think I need to review my notes on occupational safety metrics before attempting this.
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Antonio
8 months ago
This question seems straightforward. I'll carefully read through the answer choices and think about which covenant would not be included to protect the beholder.
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Tenesha
1 year ago
This question is like a safety dance - you've got to get the numbers right or you'll be out of step with the rest of the class. I'm going with A) and hoping for the best!
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Stephaine
1 year ago
Let's go with A) and see if we're correct
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Cecilia
1 year ago
I agree, A) seems like the right choice
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Artie
1 year ago
I think the answer is A) 7.5 and 50.9
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Alesia
1 year ago
I got it! The answer is A) 7.5 and 50.9. Can't be too hard on these safety questions, right? I'm not trying to get a 'lost workday' myself, if you know what I mean.
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Hildred
1 year ago
Let's make sure we stay safe at work!
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Hayley
1 year ago
I agree, A) 7.5 and 50.9 seems like the right answer.
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Erick
1 year ago
Absolutely, can't be too careful.
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Essie
1 year ago
Great job! Safety first, always.
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Mitzie
1 year ago
Hmm, this is a tricky one. I'm leaning towards D) 7.9 and 50.9, but I'm not 100% sure. Safety math can be like a maze sometimes, you know?
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Kenneth
1 year ago
You're close, but I believe the correct answer is C) 7.5 and 51.9. The frequency rate is the number of lost workday cases divided by the number of full-time employees, and the severity rate is the number of days lost divided by the number of full-time employees.
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Devorah
1 year ago
I think it's actually A) 7.5 and 50.9. The frequency rate is calculated by dividing the number of lost workday cases by the number of full-time employees, and the severity rate is calculated by dividing the number of days lost by the number of full-time employees.
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Bobbie
1 year ago
I'm not sure about this one. The numbers seem a bit off to me. Maybe I should double-check my calculations.
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Nakita
1 year ago
Why do you think that?
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Felix
1 year ago
I think the correct answer is A) 7.5 and 50.9. The frequency rate is calculated by dividing the number of lost workday cases by the number of employees, which gives 7.5. The severity rate is calculated by dividing the number of lost days by the number of lost workday cases, which gives 50.9.
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Tammy
1 year ago
Great, let's go with A) 7.5 and 50.9 then.
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Jacquelyne
1 year ago
That makes sense, so A) 7.5 and 50.9 is the right choice.
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Lauran
1 year ago
I agree, the frequency rate is 7.5 and the severity rate is 50.9.
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Nguyet
1 year ago
I think the correct answer is A) 7.5 and 50.9.
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Noel
1 year ago
I disagree, I believe the answer is C) 7.5 and 51.9
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Nakita
1 year ago
I think the answer is A) 7.5 and 50.9
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