Which of the Following BEST Describes a Catchall

question 5

Multiple Choice

Which of the following BEST describes a catchall?

• A) A chute to collect and drain runoff water
• B) A container constructed of a salvage cover to collect small amounts of water
• C) A salvage cover ballooned to float over household or commercial items to be covered
• D) A kit containing a special collection of tools stored in a designated toolbox on a firefighting apparatus

---

Definitions:

Insurance and Taxes

Refers to the costs associated with insuring assets and property as well as the taxes imposed on income, property, and sales.

Restocking Costs

The expenses associated with replenishing inventory or stock.

Obsolescence

The process of becoming outdated or no longer used, often due to technological advancements.

Safety Stock

Additional inventory held by a company to prevent stockouts, typically used as a buffer against variability in demand or supply.