What Is Another Term for a Direct Unsafe Act

question 11

Multiple Choice

What is another term for a direct unsafe act?

• A) substandard practice
• B) act of omission
• C) poor judgement
• D) human factor

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Definitions:

Liquidity

Liquidity refers to the ease with which an asset, or security, can be converted into ready cash without affecting its market price.

Solvent

In a financial context, the state of being able to meet all monetary obligations; having assets in excess of liabilities.

Restricted

Limited in extent, number, scope, or action.

Endowment Principal

The core capital in an endowment, which is invested to generate income while preserving the original amount.