Disasters Must Be Managed Using Prevention, Preparedness, Response, and Recovery

question 5

Multiple Choice

Disasters must be managed using prevention, preparedness, response, and recovery. Which of the following is true about a disaster?

• A) It can be natural or human-made.
• B) It can be relieved without assistance.
• C) There is always injury and death.
• D) The type and timing of a disaster event cannot predict the types of injuries or illnesses that occur.

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Definitions:

Prepaid Expense

Expenses paid in advance by a company for goods or services to be used at a future date, recorded as an asset.

Inventory

The total amount of goods and materials held by a business for the purpose of resale or production.

Comparative Balance Sheet

A financial statement that compares balance sheets of different periods side by side, highlighting changes in assets, liabilities, and equity.

Collections

The process of pursuing payments of debts owed by individuals or businesses, often managed by a department or an agency.