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The Following Is NOT One of the Benefits of the NIMS,a

question 11

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The following is NOT one of the benefits of the NIMS,a division within the Department of Homeland Security?


Definitions:

Accounting Method

The rules and procedures that a company follows in reporting its financial transactions, including how it records income and expenses.

Income Statement

A document detailing a firm's earnings, outgoings, and profit within a designated timeframe.

Continuing Operations

Parts of a business expected to continue for the foreseeable future, exclusive of any segments that may be sold off or discontinued.

Audit

A systematic examination of books, accounts, documents, and vouchers of an organization to ascertain how far the financial statements present a true and fair view of the concern.

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