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Following NFPA Life Safety Code
fire plan, regular fire drills, detectors, training on procedure, non
combustable furnishing/draperies
Extinguisher class A
ordinary combustibles such as wood/paper
Extinguisher Class B
For flammable liquids and gas fires (grease, paint)
,Extinguisher class C
Live electrical equipment (panelling)
Extinguisher class D
Combustable metals (aluminum)
Extinguisher class K
Commercial cooking equipment (cooking oil, animal fats)
PASS (Fire Safety)
P - Pull the pin.
A - Aim at the base of the fire, not at the flames.
S - Squeeze the lever.
S - Sweep the nozzle from side to side.
, R.A.C.E. (Fire safety)
rescue, alarm, contain, extinguish
Accrual Basis Accounting
reporting income when it is earned and expenses when they are
incurred
Cash Basis Accounting
Reporting income when the cash is received and expenses when
the cash is paid.
LLC (Limited Liability Company)
Limited liability, pass through income taxation, flexibility
S corporation
A unique government creation that looks like a corporation but is
taxed like sole proprietorships and partnerships