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Emergency response experts recommend that you should be prepared to take care of yourself (and those that depend on you) in your home for approximately <u>72 hours</u> after a major disaster.
<h3>How long should you be able to take care of yourself in an emergency?</h3>
When an emergency such as a hurricane strikes, emergency response experts recommend that one should be able to take care of themselves and their dependents for at least 72 hours.
This is based on the belief that in the United States, emergency services will respond to people within 72 hours after an emergency.
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Answer:
You can calculate it by adding up, for everyone in the country: The total value of goods and services ('output') produced; Everyone's income; Or what everyone in the country has spent.
Explanation:
A fund known as an agency fund is used to keep track of the assets held by a government while it is temporarily serving as the agent of another government unit, a private party, or both.
<h3>Do agency funds qualify as fiduciary funds?</h3>
Financial statements for fiduciary funds must be used by governments to report their fiduciary activities. These disclosures disclose four different categories of fiduciary funds in accordance with current regulations: agency funds, investment trust funds, private-purpose trust funds, and pension (and other employee benefit) trust funds.
<h3>Agency money and custodial funds are the same, right?</h3>
The biggest change is that, whereas Agency funds had previously displayed everything in the Statement of Fiduciary Net Position as assets and liabilities, Custodial funds would now display Net Position (the difference between assets and liabilities) where it had not previously been.
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