Which of the Following Procedures Should Not Be Advocated as Part

question 71

Multiple Choice

Which of the following procedures should not be advocated as part of emergency planning?

• A) Emergency plan should be in writing
• B) Emergency plan should be revised as needed
• C) Distribution of plan must be made down to the lowest echelons
• D) Distribution should be limited to senior management
• E) Plan should be tested through practice

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Definitions:

Opportunity Cost

The loss of potential gain from other alternatives when one alternative is chosen.

Interest Rate

The cost of borrowing money or the payment received for deposit funds, usually expressed as an annual percentage of the principal.

Wine Barrels

Standardized wooden or metal barrels used for aging, storing, and transporting wine.

Statute Of Limitations

A statute setting the maximum time period within which certain actions can be brought to court or rights enforced. After the period of time has run, no legal action can be brought.