New Magnetic Locks Were Ordered for an Entire Building

question 899

Multiple Choice

New magnetic locks were ordered for an entire building. In accordance with company policy, employee safety is the top priority. In case of a fire where electricity is cut, which of the following should be taken into consideration when installing the new locks?

• A) Fail safe
• B) Fault tolerance
• C) Fail secure
• D) Redundancy

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Definitions:

New Venture

Refers to a new business enterprise or startup that is typically characterized by high risk and potential for growth.

Replacement

Refers to the process of substituting an old asset with a new one to maintain or improve operational efficiency.

Payback Period

A capital budgeting technique that rates projects according to the speed with which they return invested money.

Cumulative Profits

The total amount of profit a company has earned over a specific period, adding together all net profits and losses to date.