Which of the Following Is the Most Important Goal to Achieve

question 24

Multiple Choice

Which of the following is the most important goal to achieve in the initial minutes of an MCI?

• A) Implementation of the NIMS
• B) Proper triage
• C) Designation of an IC
• D) Good assessment of resources needed

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Definitions:

Dealer Profit

The margin or financial gain a dealer achieves from the buying and selling of products or securities.

Unearned Interest Income

It is the interest earned on investments or loans that has been recorded but not yet received in cash.

Bargain Purchase Option

A lease agreement provision allowing the lessee to purchase the leased asset at the end of the lease term at a price significantly lower than the expected fair market value.

Fair Value

An estimate of the market value of an asset or liability based on current prices in active markets for similar assets or liabilities.