Which of the Following Are Examples of Loss REDUCTION Techniques

question 42

Multiple Choice

Which of the following are examples of loss REDUCTION techniques?
I.wearing your seat belt while driving your car
II.polio vaccinations
III.keeping poisons locked up and out of the reach of small children
IV.wearing a helmet while skateboarding.

• A)I and IV only
• B)I and III only
• C)I, II and III only
• D)I, II III and IV

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Definitions:

Simple Interest

Interest calculated only on the principal amount, or the original sum of money borrowed or invested, without considering the effect of compounding over time.

Obligations

Duties or commitments that require an individual or organization to act in a certain manner, often legally binding.

Equivalent Replacement

The act or process of replacing an asset with another that performs the same function or yields the same output.

Interest Rate

The percentage of a sum of money charged for its use, typically expressed as an annual percentage rate.