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As an Emergency Manager, You Should Know Basic Information About

question 12

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As an emergency manager, you should know basic information about your community regarding:


Definitions:

Reportable Segment

A component of a business that can generate revenues and expenses and is regularly reviewed by the company's chief operating decision-maker for performance assessment.

Operating Segment

A component of a business that engages in business activities from which it may earn revenues and incur expenses, whose operating results are regularly reviewed by the company’s chief operating decision maker.

Minimum Assets

The least amount of assets required by a regulatory body or financial institution for a company to operate or qualify for financing.

Revenue Test

A criterion used to determine the effectiveness of a business's ability to generate income.

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