Final answer:
Company standards determine how often a lockout/tagout is performed, while the frequency of calibration of hand tools and surface finish plate may be determined by industry standards and tool manufacturers.
Step-by-step explanation:
In a company, company standards determine how often a lockout/tagout is performed. A lockout/tagout procedure is used to ensure that machines and equipment are properly shut off and not able to be started up unexpectedly during maintenance or repair work, preventing accidents and injuries.
Calibration of hand tools and calibration of surface finish plate are also important, but the frequency of these activities may not be determined by company standards. Instead, they are typically dictated by industry standards and recommended by manufacturers of the tools and equipment.