For Replacement of Inventories and Assets Destroyed by Fire or Other

question 25

Multiple Choice

For replacement of inventories and assets destroyed by fire or other disasters,an organization needs

• A)stand-by facilities.
• B)adequate insurance coverage.
• C)source data automation.
• D)All of the above are correct.

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Definitions:

Current Market Value

The present financial value of an asset or company based on its trading price in the market, subject to fluctuations.

Effective Yield

This is the total yield on an investment expressed on an annual basis, taking into account the compounding of interest.

Interest Rate

The annual rate at which interest is charged to the borrower, represented as a percentage of the still unresolved loan amount.

Payment Stream

A sequence of payments made over time, often associated with loans or investments.