Answer: C - Standardization
Explanation: One of the NIMS guiding principle that supports interoperability among multiple organisation is Standardisation.
NIMS consists of a standardised emergency management structure implemented at federal, state and local governments, NGOs and the private sector to respond to demands arising from crisis situations
It fosters interoperability and inter-agency co-operation, providing schemes for management characteristics related to its operations, communication, planning, logistics, finance and administration and intelligence and investigation.
Answer:
The total cost of the loan with simple interest $2269.8 is less than the loan with compound interest $2299.12.
Explanation:
Simple Interest (I) = Principal (Loan)×Time×Rate ÷ 100
Loan = $1800
Time = 3 years
Rate = 8.7%
I = 1800×3×8.7/100 = $469.8
Total cost of loan with simple Interest = loan + simple interest = $1800 + $469.8 = $2269.8
Compound interest = [Loan(1+r)^n] - Loan
Loan = $1800
r is annual interest rate = 8.5% = 0.085
n is duration of the loan = 3 years
Compound interest = [1800(1+0.085)^3] - 1800 = 2299.12 - 1800 = $499.12
Loan with compound interest = 1800 + 499.12 = $2299.12
Answer:
Monopolistic competition exists in industries that have many firms offering similar products or services. In monopolistic competition, those similar products are not perfect substitutes for one another. Barriers in entry and exit of these industries are low and decisions made by one firm do not directly affect its competitors. In the short term, a monopolistically competitive industry can incur losses nut <em>only if those loses are higher than the fixed costs the organization will stop operations</em>.
Answer:
$0
Explanation:
Tax payers can elect to use either standard deduction or itemized deduction to reduce their taxable income, for them to pay least amount of tax on their taxable income. Standard deduction is calculated and given in accordance with the provision of the tax law while itemized deduction is a list of items that the tax payer has incurred and expecting to except from tax, examples of this includes donation to charities and interest paid on mortgage.
Taxpayers normally elect the higher of standard deduction and itemized deduction to reduce their tax liability to the lowest.
In the case of Buddy Slaton, electing for itemized deduction of contributing to church($3,000) will save her no tax since the standard deduction is greater ($,5450).
