When Using New Equipment,it Is Essential for All Staff Responsible

question 2

Multiple Choice

When using new equipment,it is essential for all staff responsible for its use to undergo orientation prior to use to be knowledgeable of (select all that apply) :

• A)Basic operating and safety procedures.
• B)Cost of equipment.
• C)Management of equipment failure.
• D)Cleaning of equipment.

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Definitions:

Simple Interest

Interest charged exclusively on the initial borrowed amount, or on whatever portion of the principal is still outstanding.

Compounded Annually

A method of calculating interest in which the interest earned on an investment is reinvested, and new interest is earned on that interest annually.

Compounding

The financial process where an investment earns interest not only on the principal amount but also on the accumulated interest over time.

Compound Interest

This involves calculating interest on the original sum of money plus the interest that has gathered over preceding intervals, whether for a deposit or a loan.