Among the Four Natural Disasters Described in Focus on 4

question 28

Multiple Choice

Among the four natural disasters described in Focus On 4.2, the largest numbers of death occurred in:

• A)New Orleans and the Gulf Coast after Hurricane Katrina in August 2005
• B)Haiti after the earthquake in January 2010
• C)Japan after the earthquake and tsunami in March 2011
• D)Haiti in connection with the cholera epidemic from October 2010 through January 2011
• E)None of these

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Definitions:

Variances

Differences between planned or expected financial performance and the actual performance.

Budgeted Amounts

Projected financial allocations set for a specific time period, intended to guide spending and investment decisions.

Payroll Costs

The total amount of wages, salaries, and other compensation a business pays to its employees.

Accounting Costs

Costs recognized in the financial statements, consisting of both explicit costs like wages and materials, and allocated costs such as depreciation.