State true or false for the following.
1. the incident command system (ics) and nims are the same, and these terms can be used interchangeably.
2. ics could be used to manage a large sporting event or a visit from a foreign dignitary.
3. ics is a standardized, on-scene, widely applicable approach to incident management.

1. The Incident Command System (ICS) and NIMS are the same, and these terms can be used interchangeably.

The above statement is false.

Reason: The term  Incident Command System (ICS) and NIMS are two different terminology are thus are not interchangeable.

Incident Command System is a technique planned to enable impelling and economic  incident management by integrating a collection of installation, equipment, procedures, and communications operational within a organization.

NIMS is a all-encompassing, domestic formulation to incident management that is relevant at all territorial levels and across structural subject.

2. ICS could be used to manage a large sporting event or a visit from a foreign dignitary.

The above statement is true.

3. ICS is a standardized, on-scene, widely applicable approach to incident management.

The above statement is true.

The impact inflation has on the time value of money is that it decreases the value of a dollar over time. ... If wages remain the same but inflation causes the prices of goods and services to increase over time, it will take a larger percentage of your income to purchase the same good or service in the future