Which Agency Is Responsible for Preventing Losses from Disasters Wherever

question 59

Multiple Choice

Which agency is responsible for preventing losses from disasters wherever possible and assisting when they do happen?

• A)Federal Bureau of Investigation (FBI)
• B)Federal Emergency Management Agency (FEMA)
• C)National Counterterrorism Center (NCTC)
• D)Department of Homeland Security (DHS)

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Definitions:

IFRS 9

An International Financial Reporting Standard that deals with the accounting for financial instruments, covering the classification, measurement, and recognition of financial assets and liabilities.

Accumulated Other Comprehensive Income

Represents the total of all unrealized gains and losses that are not included in net income but affect shareholders' equity.

Economic Situation

The state of the economy at a given time, influenced by factors such as GDP, unemployment rates, and inflation.

Profitability

A measure of the efficiency and financial performance of a business, indicating its ability to generate income relative to revenue, assets, or equity.