Which Term BEST Describes the Broad Response Plans in Place

question 32

Multiple Choice

Which term BEST describes the broad response plans in place applicable to any area of the country or any category of disaster?

• A) all-hazards
• B) emergency action plan
• C) hot zoning
• D) triage systems

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Definitions:

Adjusting Entries

Entries in accounting made at the period's end to assign earnings and costs to their respective actual periods.

Income Statement Accounts

Accounts found on the income statement, which report a company’s financial performance over a specific period, including revenues, expenses, gains, and losses.

Temporary Accounts

Accounts in accounting that are used to track transactions within a financial period, which are then transferred to permanent accounts at the end of the period.

Interest Expense

The cost incurred by an entity for borrowed funds, which may include the cost of bonds, loans, convertible debt, and lines of credit.