Answer:
A. It allows banks to keep only a small percentage of their deposits in
reserve.
Explanation:
Fractional reserve banking allows banks to only hold fraction deposits as reserve and use most of it to gain interests as loans.
Why is the effective handling of negative information of such importance to a company?
The effective handling of negative information of such importance to a company because the purpose of negative or crisis information messages is to arm staff members with the information they need to act wisely in an emergency or crisis.
What is crisis management?An organization's approach to identifying and dealing with a threat, an unexpected incident, or any negative interruption that has the potential to hurt people, property, or business processes is called crisis management.With the help of crisis management, managers can devise strategies for getting out of ambiguous situations and deciding on their next course of action. With the use of crisis management, managers may spot crises in the making, warn personnel of potential repercussions, and take the necessary preventative action.Every workplace negative or crisis information strategy's primary objective is to promote effective internal communication during times of crisis. The ability to quickly distribute information and maintain a consistent message across all organizational platforms is the most critical benefit of a crisis communication plan. That message mostly depends on what the crisis entails and how it affects all parties.Learn more about crisis management here:
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The correct question is:
Why is the effective handling of negative or crisis information of such importance to a company?
On January 1, Year 2, LCJ Rental Cars purchased a car that is to be used to produce rental income. The car cost $35,000. It has an expected useful life of five years and a $5,000 salvage value. The car produced rental income of $9,000 per year throughout its useful life. Assume LCJ started the Year 2 accounting period with a beginning cash balance of $40,000.
Required:
a-1. Prepare an income statement and a statement of cash flows for Year 2.
a-2. Prepare an income statement and a statement of cash flows for Year 3.
a-3. Prepare an income statement and a statement of cash flows for Year 4.
b. Determine the book value of the car for Year 2, Year 3, and Year 4.
Answer:
On January 1, Year 2, LCJ Rental Cars purchased a car that is to be used to produce rental income. The car cost $35,000. It has an expected useful life of five years and a $5,000 salvage value. The car produced rental income of $9,000 per year throughout its useful life. Assume LCJ started the Year 2 accounting period with a beginning cash balance of $40,000.
Required:
a-1. Prepare an income statement and a statement of cash flows for Year 2.
a-2. Prepare an income statement and a statement of cash flows for Year 3.
a-3. Prepare an income statement and a statement of cash flows for Year 4.
b. Determine the book value of the car for Year 2, Year 3, and Year 4.
In a survey of a group of men, the heights in the 20-29 age group were normally distributed, with a mean of 67.3 inches and a standard deviation of 4.0 inches. A study participant is randomly selected. Complete parts (a) through (d) below. (a) Find the probability that a study participant has a height that is less than 65 inches. The probability that the study participant selected at random is less than 65 inches tall is nothing. (Round to four decimal places as needed.)
The probability that a research participant will be shorter than 65 inches is 0.2827.
Defines probabilityThe area of mathematics known as probability deals with numerical descriptions of how likely it is for an event to happen or for a claim to be true. A number between 0 and 1 is the probability of an event, where, broadly speaking, 0 denotes the event's impossibility and 1 denotes its certainty.
The probability that a research participant will be shorter than 65 inches is:
P(X<65) = P(Z<(65-67.3)/4)
P(X<65) = P(Z<-0.575)
P(X<65) = 0.2827
What takes place if the probability is one?The event will occur if the probability is 1, which is the case. There would be nothing you could do to prevent a traffic accident if the probability was 1. You can count on it. The likelihood of events in daily life typically ranges between 0 and 1 in practice.
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The Haines Corporation shows the following financial data for 20X1 and 20X2:
20X1 20X2
Sales $ 3,480,000 $ 3,140,000
Cost of goods sold 2,530,000 2,260,000
Gross profit $ 950,000 $ 880,000
Selling & administrative expense 255,000 261,000
Operating profit $ 695,000 $ 619,000
Interest expense 44,800 49,700
Income before taxes $ 650,200 $ 569,300
Taxes (35%) 227,570 199,255
Income after taxes $ 422,630 $ 370,045
For each year, compute the following ratios and indicate how the change in each ratio will affect profitability in 20X2.
Note: Input your answers as a percent rounded to 2 decimal places.
20X1 20X2 Profitability
a. Cost of goods sold to sales % %
b. Selling and administrative expense to sales % %
c. Interest expense to sales % %
Based on the financial data for Haines Corporation in 20X1 and 20X2, the ratios given of cost of goods sold and selling and administrative expenses are:
20X1 20X2
Cost of goods sold to sales 72.70% 71.97%Selling and administrative expense to sales 7.33% 8.31% Interest expense to sales 1.29% 1.58%How to calculate ratios to sales?20X1
To find the Cost of goods sold to sales, the formula is:
= Cost of goods sold to sales / Sales
= 2,530,000 / 3,480,000
= 72.70%
The Selling and administrative expense to sales:
= 255,000 / 3,480,000
= 7.33%
Interest expense to sales:
= 44,800 / 3,480,000
= 1.29%
20X2:
Cost of goods sold to sales:
= 2,260,000 / 3,140,000
= 71.97%
The Selling and administrative expense to sales:
= 261,000 / 3,140,000
= 8.31%
Interest expense to sales:
= 49,700 / 3,140,000
= 1.58%
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Can someone please tell me which ones are hard or soft skills?
Creativity
Computer Programing
Graphic Design
Civil Engineering
Leadership
Communication
Flexibility
Video editing
Server Maintenance
Time Management
Answer: tell me
Explanation: when you find out let me
I only need help with 5b
Answer:
.
Explanation:
I'm pretty sure it's asking what could help, or stop this. (What could end the pay gap)
A statement of cash flows classifies cash receipts and cash payments into what 3 categories of activity? For each category of activity, share 2 specific examples of both cash receipts and cash payments based on 2 different business scenarios of your choosing. The business scenarios you choose can be based on real or fictional companies. For example, if you chose Uber and the fictional MarksABunch Art Supplies company, you would share 6 examples of cash receipts and cash payments per company, each broken out into one of the 3 different categories of activity presented in a statement of cash flows.
Indeed, a statement of cash flows classifies cash receipts and payments into three categories of Operating, Investing, and Financing activities.
What are the three categories of activity?The three categories of activity into which the statement of cash flows is divided are:
Operating ActivityInvesting ActivityFinancing Activity.Some of the cash receipts and payments under these three categories are:
Operating Activities: Receipt of cash from customersPayments for materials from suppliers and vendorsCost of delivering raw materials and finished goodsPaying employees and managersPaying income taxesPayments or receipts of rent.Financing Activities:Receiving cash from debtholdersRepaying long-term debtsPaying interestCash receipts from stock issuancePaying dividends to stockholders.
Investing Activities:Receipts from investment loansPayments for investment loansReceipt from the sale of assetsReceipt from the sale of marketable securitiesPayment for the purchase of assetsPayment for the purchase of marketable securities.
Thus, the operating activities differ from the financing and investing activities because the latter are not the organization's core activities.
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if customers are prepared to pay $1.50 when this is serv
ble within the bakery, what is the new value added per cake
If customers are prepared to pay $1.50 when this is servable within the bakery $2 is the new value-added per cake.
Bars, bread, cookies, desserts, muffins, pizza, snack cakes, sweet items, and tortillas are among the categories of bakeries and baked products.
A bakery can be started as a retail operation selling baked products to customers from a storefront site or as a wholesale operation selling baked goods to restaurants, grocery stores, and other businesses.
The baking industry has long been seen as recession resistant. This is supported by the fact that people must eat and that many people value and are ready to pay for fresh goods. Comfort meals can be produced as delightful and nutrient-dense baked goods.
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The president of pepsi company is the keynote speaker at a retirement dinner for a long-time bottler. This is an example of which of the following roles
The president of Pepsi company is that the keynote speaker at a retirement dinner for a long-time manufacturer. This is an example of figurehead role.
What is figurehead role?A figurehead carries out social, legal, and ceremonial duties while also using these occasions to inspire other members of the organisation. A senator digging ground with a golden shovel or a top executive visiting an employee's family wedding are two instances of the figurehead management role.The role of the figurehead is ceremonial. Examples include welcoming dignitaries, attending a coworker's wedding, and taking a significant client out to lunch.Due to their formal authority and position of symbolic leadership inside their organizations, managers are required to take on the role of figureheads. Managers must balance the requirements of their subordinates with the needs of the organization they lead.Despite having little actual influence, if someone is the face of a group or movement, they are acknowledged as its leader. The President will merely serve as a symbolic leader.Learn more about figurehead role here:
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what information from carrie’s paystub is important to know and use when creating her budget?
Answer:
Brainliest pls
Explanation:
her income statement
Which of the following best describes the concept of "opportunity cost?"
A. Opportunity cost is what you give up when making your choice.
B. Opportunity cost is the amount of time it took for you to make the decision.
C. Opportunity cost is the cost of the item minus the sale price.
D. Opportunity cost is what you gain from making the choice.
Answer:
hrefurdghffugdddffffd
Bus101 Chapter 5-6 critical thinking questions
Critical thinking questions:
What characteristics made Vic Ahmed a successful entrepreneur?
How did Ahmed and Steven Case’s partnership and shared vision of “Rise of the Rest” serve their business goals?
Is focusing on smaller cities rather than areas like silicon valley a good strategy, why?
The process of actively and successfully conceiving, applying, analyzing, synthesizing, and/or evaluating knowledge as a basis for belief and action is known as critical thinking. It requires intellectual discipline.
Any topic, piece of content, or issue can be thought about using the critical thinking method, which involves expertly analyzing, evaluating, and reconstructing one's own ideas. Self-directed, self-disciplined, self-monitored, and self-corrective thinking are all characteristics of critical thinking.
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I’m doing Economics but I’m not sure of this question.
A terminology which is given to consumers who were willing to pay for a higher price, but don't have to because the equilibrium price has been set lower is: C. consumer surplus.
What is price?Price can be defined as an amount of money which is primarily set by the seller of a good (product), and it must be paid by a buyer (consumer) to the seller, so as to enable the acquisition of this good (product).
What is consumer surplus?Consumer surplus can be defined as an economic measure of the difference between the willingness of consumers to pay for a good (product) at higher price and the equilibrium price or actual price paid by the consumers.
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Complete Question:
What is the term given to consumers who were willing to pay for a higher price, but don't have to because the equilibrium price has been set lower?
A. Market failure.
B. Quantity excess.
C. Consumer surplus.
D. Consumer drop.
Four business leaders collaborate on an environmental initiative to benefit their local community. Agnes and Leo do It mainly to draw positive
attention to their businesses. Martinique does it because she is concerned that people who live in the area are not living in the healthiest
possible environment and wants to do all she can to improve conditions for them. Janelle does it because she grew up in that community and
wants to do all she can to help it prosper. Which of these business leaders BEST demonstrate altruism?
Four business leaders collaborate on an environmental initiative to benefit their local community. Agnes and Leo do It mainly to draw positive attention to their businesses. Martinique does it because she is concerned that people who live in the area are not living in the healthiest possible environment and wants to do all she can to improve conditions for them. Janelle does it because she grew up in that community and wants to do all she can to help it prosper. Which of these business leaders BEST demonstrate altruism.
Martinique does it because she is concerned that people who live in the area are not living in the healthiest.
Dan Harmon is the creator of the American comedy Community. The program aired on NBC for its first five seasons from September 17, 2009, to April 17, 2014, then on Yahoo! Screen for its last season from March 17, 2015, to June 2, 2015. The program had 110 episodes across its six seasons. In the sitcom, which is set at a community college in the fictional Colorado town of Greendale, Joel McHale, Gillian Jacobs, Danny Pudi, Yvette Nicole Brown, Alison Brie, Donald Glover, Ken Jeong, Chevy Chase, and Jim Rash are among the ensemble cast members. It frequently honors film and television clichés and tropes and frequently makes strong use of meta-humor and pop culture references.
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According to experts, what percentage of your income should you budget for
essential expenses?
O A. About 90 percent
OB. About 40 percent
O C. About 50 percent
O D. About 20 percent
SUBMIT
50% is the correct answer
Question 12
In the context of international trade restrictions, governments tend to use protective
are crucial to the domestic economy.
export duties
quorums
tariffs
voluntary export restraints
In the context of international trade restrictions, governments tend to use protective are crucial to the domestic economy: tariffs
A government is the device or institution of people governing a prepared community, normally a state A gadget of government distributes strength amongst exclusive parts and stages of the state. Political scientists examine the makes use of energy, inclusive of how energy is shipped inside a kingdom. the quantity of power held with the aid of the vital authorities determines the system of the presidency a nation has.
Government is the gadget or institution of human beings governing an organized community, commonly a kingdom. in the case of its wide associative definition, authorities usually consist of legislature, govt, and judiciary. a government is an institution or a device made of a set of human beings that takes care of or manages a country or a country. every government has its own charter or a hard and fast of fundamental standards that it follows to make sure effective governance.
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Which of the following will be needed to adapt to the changing landscape of business in the United States? Check all that apply.
Identification of specific geographic population centers
Improved intercultural communication skills
Growing minority population
The following will be needed to adapt to the changing landscape of business in the United States;
Identification of specific geographic population centers
Improved intercultural communication skills
Growing minority population
Hence, all the above are applied.
What is changing landscape of business?A Business Landscape is a related representation of the most important features that make up a business and work together to achieve something of value. There are no restrictions on what can be defined in a landscape. Hence, an overturn or negative or positive development on those features that inform a business is said to be the changing landscape of business.
Therefore, the correct answer is as given above
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Marketing information should be gathered ____ so the company can be in the know and poised for action.
Marketing information should be gathered ____ so the company can be in the know and poised for action
The engagement team performed testing of the tax account rollforward and documented the following for testing of the income tax payments for the
current year, "Agreed balance to Tax payments/refunds schedule prepared by the client without exception." Which is the best response as a result of
your review?
Answer the question, then select Confirm
A. You consider the source of the payments/refunds schedule noting it comes from a key system and ITGCs were deemed to be
effective and add this fact to the team's documentation.
B. Additional procedures are not necessary, as the appropriate tie-out procedures were performed.
C. You consider the testing over the accuracy and completeness of management's schedule which has been performed in a
separate EGA, ensure the balance in the rollforward agrees to the testing performed, and enhance the tax team's documentation to
reference the additional testing.
D. As part your review of the team's work, you re-perform their procedures by agreeing the balance to the payments/refunds
schedule obtained from the client.
Confirm
The best response that you would have as a result of your review would be ; You consider the testing over the accuracy and completeness of management's schedule which has been performed in a separate EGA, ensure the balance in the roll forward agrees to the testing performed, and enhance the tax team's documentation to reference the additional testing.
What does it mean to carry out testing of tax account?This is the term that has to do with the performing of the procedure in such a way that it would be able to take care of an underlying account record or a given transaction.
The answer to this question is option C. You would have to ensure that you consider the testing over the accuracy and completeness of management's schedule.
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When does voir dire occur during the civil courts process?
OA. When the appellant decides to appeal
OB. When the trier of fact makes a decision
OC. When the jury is being selected
O D. When the parties collect evidence
Option (C). When the jury is being selected.
Voir dire occur during the civil courts process when the jury is being selected.
Voir dire could be a legal phrase for a range of procedures connected with jury trials. It originally named an oath taken by jurors to inform the reality. This term is additionally used informally to explain the practice of jury selection in certain jurisdictions.
When a jury is required for an effort, the group of qualified jurors is taken to the courtroom where the trial will happen. The judge and also the attorneys then ask the potential jurors inquiries to determine their suitability to serve on the jury, a process called voir dire.
Voir dire, in law, process of questioning by which members of a jury are selected from an outsized panel, or venire, of prospective jurors.
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Answer:C
Explanation:
Imagine you manage a bookstore. The store sells both fiction and nonfiction titles, but because your store is located in a beachside town, it has a very large selection of beach and sea-themed books.
Answer:
i think that your current answer is good, but before that you should add "since the bookstore is selling sea-themed books, that is what they specialize in."
Explanation:
this sounds right because it is what they specialize in.
critically explain the difference between global objectives and national objectives in business with examples
Every company must aim to achieve national aims and goals. By increasing its operations, business can achieve an objective purpose of reducing global inequities between rich and poor nations.
With examples, critically describe the distinction between global and national corporate objectives. Business's global objectives - By extending its operations, business should contribute to the reduction of inequities between wealthy and developing nations. Businesses should produce goods and services that are highly sought-after in international marketplaces and are globally competitive.Business's national objectives- Every company must aim to achieve societal aims and goals. Create possibilities for people to work in lucrative positions. Give everyone the same opportunities. Produce and supply items in conformity with the government's goals and policies' established priority.What is a business goal?Business objectives are a formal statement of your aspirations as an organization. Business goals typically focus on the key operational elements that contribute to a company's success, such as revenue, operations, productivity, and growth.
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Frank Petronick decided to start an accounting practice after graduation from college. The following is a list of events that occurred concerning Frank’s practice.
June 1: After shopping around, Frank found an office to lease and signed a lease agreement. The lease calls for a payment of $1051 rent per month.
June 4: Frank borrowed $3840 from his grandmother to assist in starting up his new business
June 4: deposits the $3840 plus $534 of his own cash in a new bank account at BMO under the name Petronick Accounting Services.
June 6: Paid the landlord the first month’s rent.
June 8: purchased furniture for $3290 on account
June 11: moved into the office and obtained the first assignment from a client to prepare year end financial statements for $1868
June 15: Performed the work on the assignment and sent an invoice to the customer for $1868
June 15: Paid half of the amount of the June 8 purchase of furniture
June 18: Purchased supplies on account for $339
June 26: paid for internet services, $53 cash
June 28: collected $903 of June 15 billing to the customer
June 30: withdrew cash from the business of $135 for personal expenses
A) prepare a tabular analysis of the effects of the above transactions on the accounting equation.
The accounting equation will be depicted in the debit and the credit form.
What is an accounting equation?An accounting equation can be defined as the transaction with her around two or more transactions with the balance out of the cash book trial balance as well as the account ship.
In the given question the date June 1 and June 4 would not be recorded as this is not considered an accounting transaction or a financial transaction as they are to be paid in the near future, but the rest of the recordings will be counted and accounted for in debit and the credit in the journal entry.
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If price elasticity of demand is -0.3 and price decreases by 1 percent, quantity demanded will [(Click to select) by (Click to select)
The degree of responsiveness of the change in the amount required of the good owing to the change in the good's price is measured by the elasticity of demand.
Demand has increased by 6% in terms of volume.
es= ΔQ÷ΔP×P÷Q
Let initial demand and price be 100%.
Given that the demand elasticity is 0.3
0.3 = ΔQ÷20%×100%÷100%
ΔQ = 0.3×20%×1%
ΔQ = 6%
What does demand elasticity mean?
The degree to which demand reacts to a change in an economic component is known as elasticity of demand. The most prevalent economic component considered when calculating elasticity is price. Income level and the accessibility of substitutes are further considerations. Elasticity gauges how demand changes in response to shifting economic conditions.
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Full Question - If the price elasticity of demand for a good is 0.3, then a 20% decrease in price results in a:
a. 6% increase in the quantity demanded.
b. 66% increase in the quantity demanded.
c. 0.6% increase in the quantity demanded.
d. 0.015% increase in the quantity demanded.
Question 2 (0.2 points) Saved
According to the Organizational Culture Profile (OCP) vast majority of corporations
fall into just seven cultural categories. Which of the options below fall within the 7
categories?
1) Unstable, Innovative, Team-Oriented, People-Oriented
2) Team-Oriented, Innovative, Unstable, Outcome-Oriented
3) Outcome-oriented, People-oriented, Team Oriented, Unstable
4) People-Oriented, Stable, Team Oriented, Aggressive
Next Page
Page 1 of 10
According to the Organizational Culture Profile (OCP), the option that falls within the seven categories is 4) People-Oriented, Stable, Team-Oriented, and Aggressive.
What is the Organizational Culture Profile (OCP)?The Organizational Culture Profile (OCP) is a framework that provides insight into the different types of organizational culture.
The Organizational Culture Profile (OCP) shows organizational cultures represented by seven distinct values. The seven cultural values include innovation, aggression, outcome orientation, stable or rule orientation, people orientation, team orientation, and detail orientation.
In an innovative culture, the organization toils with new ideas always and has a flat structure without titles.
An aggressive culture organization is competitive, while outcome-oriented cultures emphasize achievements and rewards, with managers and employees accountable for success or failure.
Stable cultures are bureaucratic and operate with predictable rules. In people-oriented cultures, the organization cherishes fairness, supportiveness, and respect for individual rights.
Team-oriented cultures are collaborative, emphasizing cooperation for productivity. Lastly, in a detail-oriented culture, precision and details rule the day.
Thus, according to the Organizational Culture Profile (OCP), the option that falls within the seven categories is Option 4.
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describe the relationship among an organization's purpose, mission, and top management team and how this relationship affects its human resource practices
The relationship is dynamic, and human resource management techniques aid in the strategic management of both people and resources.
Despite being just a single word, the concept of an organization is important. It is a complicated system made up of numerous people and their ideas, all of which have an impact on the system's goal, mission, and top management group.
The strength or engine of an organization are the people who founded it. A productive workforce is the most essential component of a successful organization, and human resource managers are in charge of it.
This demands that individuals be viewed as resources rather than as costs to the organization. Like any other asset, a skilled team may be carefully used to raise a company's worth.
The human resources management team offers guidance to the management team on how to efficiently manage people as corporate resources.
Finding and hiring individuals with the necessary skill sets to help the company reach its present and long-term objectives, managing employee benefits, and suggesting development programs are all part of this.
HR experts serve as consultants rather than workers in a specific business function, giving management advice on a range of matters relating to personnel and how they help the company achieve its objectives.
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Which of the following best describes "economic thinking?"
A. How young children are when they learn about spending.
B. The way highly educated people predict the stock market.
C. How people choose what to do with their own money.
D. How people choose to lose their money.
Answer:
b
Explanation:
Answer:
ambitosbhhhhhhhyyyty
How do you differentiate a letter from a memo?
Answer:
memo refers to a short message, written in a informal tone for interoffice circulation of the information. letter are a verbal communication , that contains a compressed message, conveyed to the party external to the business, departments, units or superior-subordinate within the organization.
Mark has a weekly income of $40, which he plans to spend on coffee and subway
tickets. If the price of a cup of coffee is $4 and the price of a subway ticket is $2,
what is the opportunity cost of a cup of coffee (in terms of subway tickets)?
The opportunity cost of a cup of coffee is $4.
weekly income = $40
The price of a cup of coffee = $4
The price of a subway ticket is $2
Theopportunity cost of particular interest is the cost or advantage given up via carrying out that activity, relative to conducting an alternative pastime. more truly, it approaches if you chose one activity (for example, the funding you're giving up the possibility to do a one-of-a-kind alternative. The most reliable interest is the one that, net of its possible cost, provides a greater return compared to every other sport.
As a representation opportunity cost of the relationship between shortage and preference, the objective of possible value is to ensure the efficient use of scarce sources. It includes all related charges of a choice, both explicit and implicit. opportunity cost additionally includes the utility or monetary gain a character misplaced, if it's miles indeed more than the eco geo or actions taken
Hence, The opportunity cost of a cup of coffee is $4.
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You are an American Red Cross Disaster Program Specialist in charge of teams trained to help in sheltering displaced persons. You have been notified by your office to be prepared to deploy to conduct shelter operations. Your supervisor has asked you to come to the office to begin organizing volunteers and get prepared to set up shelters, if tasked. You check in before you begin.
What NIMS Management Characteristic are you supporting?
Answer:
Chain of command and unity of command Accountability.