What Is the Correct Order of Steps to Take When

question 47

Multiple Choice

What is the correct order of steps to take when a large fire occurs?

• A) Activate, extinguish, evacuate, confine
• B) Rescue, evacuate, activate, confine
• C) Confine, rescue, extinguish, activate
• D) Rescue, activate, confirm, extinguish
• E) Rescue, activate, confine, evacuate

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Definitions:

Dividend

A portion of a company's earnings that is paid to shareholders, typically on a quarterly basis, as decided by the board of directors.

Cost Of Capital

The necessary yield a business needs to achieve on investment endeavors to preserve its market capitalization and secure capital.

Discount Rate

The interest rate used to determine the present value of future cash flows or to evaluate the attractiveness of an investment.

Opportunity Cost

The cost of an alternative that must be forgone in order to pursue a certain action, essentially the benefits you could have received by taking another course of action.