AJS522 Week Five DQ

Mar 29th, 2015
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How do sources of temporary funding help in contingency planning? Explain how other forms of assistance, funding, and assets are acquired. How do public agencies calculate the costs that are associated with catastrophic events? Explain.

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AJS522 DQ5DQ 1.How do sources of temporary funding help in contingency planning? Explain how other forms of assistance, funding, and assets are acquired.A contingency plan is a response plan that is put into place in the event of any unforeseen circumstances that could affect the company's budget. Even with a well planned budget contingency can occur that require temporary funding in order to keep the company afloat or to cover rising costs. Whatever the reason for the cash shortfall it is essential that in the contingency temporary sources of funding are in place. Most companies put a percentage of their profits aside for emergencies or have temporary funding avenues available to them. The forms of assistance than the organization can receive temporary funding include funds from the federal government. The federal government often times lends money to organization th

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