​ Liz Owns an Accounting Firm in Seattle

question 2

Multiple Choice

​ Liz owns an accounting firm in Seattle. Due to a fire, the company experiences fluctuations in its electricity supply. Liz chalks out a plan that identifies who would take charge in case of a disaster. What type of plan has Liz prepared?

• A)Digital data plan
• B)Risk continuity plan
• C)Business continuity plan
• D)Operational permeability plan

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Definitions:

Socioeconomic Status (SES)

An individual's or family's economic and social position in relation to others, based on income, education, and occupation.

Intelligence (IQ)

Measures cognitive abilities, such as problem-solving, reasoning, and the ability to learn, often quantified as an Intelligence Quotient.

Middle Adulthood

A stage in human development generally considered to range from about 40 to 65 years of age, characterized by increased personal and professional responsibilities and awareness of aging.

Generativity Versus Stagnation

A stage in Erik Erikson's theory of psychosocial development where middle-aged adults face the challenge of contributing to society and helping the next generation, versus becoming self-absorbed and unproductive.