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Disaster Management Includes Four Stages: Prevention, Preparation, Response, and Recovery

question 6

Multiple Choice

Disaster management includes four stages: prevention, preparation, response, and recovery. Preparedness includes which of the following?


Definitions:

Payment Default

The failure to meet the legal obligations of a loan, such as not making the agreed-upon monthly payments.

Loan Principal

The initial size of the loan or the amount of money borrowed that is still owed, not including interest.

Low-credit-risk Company

A company deemed to have a minimal risk of defaulting on its debt obligations, often due to strong financial health and stability.

Operating Cash Flows

Cash generated from the core business activities of a company, excluding investing and financing activities.

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