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:
I should not accept the bet; the precise level of risk aversion does matter.
Explanation:
Risk averse person is the one who is not willing to take the risk even if he is given high returns. Risk averse person will always avoid the risks. In the given scenario the person is risk averse. If he rolls out the dice he has to pay $200 times the dice number which means he just have two chance (dice rolls 1 or dice rolls 2) for getting return otherwise he will loose the bet and he will have to pay money from the pocket.
Over applied
The journal entry
Variance (Dr) 15000
Cost of goods sold (Cr) 15000
decrease the cost of goods sold
The firm experiences economies of scale at which output levels output levels less than M.
A firm experiences economies of scale when as quantity produced increases, total cost reduces. This is because total cost associated with production is spread out over a large quantity of goods.
A firm experiences economies of scale at the downward sloping part of the long run average total cost curve.
A firm experiences constant returns to scale between M and N of the long run average total cost curve.
A firm experiences diseconomies of scale at the upward sloping part of the long run average total cost curve.
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