What Is the First and Most Important Aspect of Managing

question 33

Multiple Choice

What is the first and most important aspect of managing disasters?

• A)Evacuating injured persons to medical facilities
• B)Giving immediate first aid and medical care to the victims
• C)Planning to prevent such disasters whenever possible
• D)Rescuing the victims

---

Definitions:

Incremental Cash Flows

The additional cash flow an investment brings over the base case or doing nothing.

Canadian Tax Law

The legal framework governing taxation in Canada, including regulations on income tax, sales tax, and other forms of taxes.

Operating Cash Flows

Cash generated from the core business operations, excluding financing and investing activities, important for assessing a company's liquidity.

Financial Position

An overview of a company's assets, liabilities, and equity at a specific point in time, presenting a snapshot of its financial health.