Jeff Is a Top Manager at a Textile Factory

question 97

Multiple Choice

Jeff is a top manager at a textile factory. He is developing a crisis plan in the event that the company has a toxic spill or accident. Which of the following should Jeff undertake to prepare for such a crisis?

• A) Building relationships with neighboring businesses
• B) Detecting signals from the natural environment
• C) Polling employees on the likelihood of an environmental disaster
• D) Designating a crisis management team in the event of an environmental disaster
• E) Dismantling the company's ties to the external media

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Definitions:

Americans

are citizens of the United States of America or individuals closely associated with the country.

Bad Debts

Accounts receivable that a company does not expect to collect because customers are unable to pay their debts.

Credit Sales

Sales made by a business where the payment is received after the sale has been made, typically recorded as accounts receivable.

Adjustment

Entries made in preparing financial statements to allocate expenses or revenues to the appropriate accounting period.