What emergency feature does the alarm panel possess?

The alarm panel's emergency feature that is correctly identified relates to the cutout function. A cutout feature is designed to immediately disengage or disable parts of the system in response to a critical alarm condition. This is particularly important in emergency situations where rapid action is needed to prevent further issues, such as ongoing alarm triggers or system malfunction.

In contrast, the other features—pause, delay, and reset—serve different purposes. The pause feature typically suspends the alarm temporarily but does not address safety concerns in an emergency. The delay feature might allow a specified amount of time before the alarm goes off, which could be counterproductive in urgent situations. The reset feature is used to return the system to its normal state after an alarm has been addressed, rather than actively responding to an ongoing emergency.