Which of the Following Is Not One of the Elements

question 2

Multiple Choice

Which of the following is not one of the elements of a crisis communication plan?

• A)Crisis communication team members with contact information
• B)Designated spokesperson
• C)Meeting place/location
• D)Media plan with procedures
• E)Organizational succession plan

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Definitions:

Cost Flow Assumption

An accounting method used to value the cost of goods sold and ending inventory.

Specific Identification

Specific Identification is an inventory valuation method where costs are assigned to individual items, allowing for precise cost determination of sold goods.

Cost Flow Assumption

An accounting approach to determine the value of remaining inventory and cost of goods sold, not necessarily reflecting the actual physical flow of goods.

FIFO

An accounting method for inventory valuation where the first items purchased or produced are the first ones used or sold.