When a Hazardous Spill Occurs,your First Duty Is To

question 5

Multiple Choice

When a hazardous spill occurs,your first duty is to:

• A) clean it up immediately.
• B) call housekeeping to clean it up.
• C) limit access to the area.
• D) attend to your patients and let someone else handle it.

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Definitions:

Salvage Value

The estimated resale value of an asset at the end of its useful life, often considered for depreciation calculations.

Depreciation

Depreciation is the systematic allocation of the cost of a tangible asset over its useful life to reflect its decrease in value due to wear and tear, age, or obsolescence.

Depreciable Cost

The total cost of a tangible fixed asset that is subject to depreciation over its useful life, including purchase price, installation charges, and other costs necessary to bring the asset into usable condition.

Straight-Line Method

A method of calculating depreciation in which an asset's cost is divided evenly over its estimated useful life.