Organizing the Insurance and Damage Assessment Team Is in Which

question 40

Multiple Choice

Organizing the insurance and damage assessment team is in which section of a basic disaster recovery plan?

• A)Procedures for internal and external communication
• B)Procedures for restoring facilities and normalizing operations
• C)Procedures for containment and property protection
• D)Disaster classification

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Definitions:

Loan Repayment

The process through which a borrower returns borrowed money to the lender, usually in scheduled installments.

Commercial Paper

An unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts payable and inventories, and meeting short-term liabilities.

Issue Date

The date on which a document, such as a check, bond, or stock, is issued or goes into effect.

Simple Interest

Interest calculated only on the initial amount of money deposited or borrowed, without compounding.