A ____ Is a Contract Between Two Organizations for Each

question 22

Multiple Choice

A ____ is a contract between two organizations for each to assist the other in the event of a disaster.

• A)time-share
• B)six-tape rotation
• C)business continuity plan
• D)mutual agreement

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Definitions:

International Monetary Fund

An international organization created to foster global monetary cooperation, secure financial stability, facilitate international trade, and reduce poverty around the world.

Short-term Loans

Loans that are scheduled to be repaid in a short period, typically within a year, used for immediate financial needs.

Deficits

The amount by which a government's, company's, or individual's spending exceeds its income over a particular period of time.

Developing Countries

Nations with lower levels of industrialization, lower standards of living, and, in general, lower Human Development Index (HDI) scores than developed countries.