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The Community Is Conducting a Planning Session to Identify Potential

question 7

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The community is conducting a planning session to identify potential disaster risks and to map potential disaster locations in the community. This period of planning and preparation is best described as the:


Definitions:

Book Value

Book value is the value of an asset as it appears on the balance sheet, calculated by subtracting any accumulated depreciation from its purchase price.

Shareholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing the ownership interest of shareholders.

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