using cash to make payments Advantages Disadvantages Cash is the most common way of payment around the globe when compared to all other types of payment. As cash does not involve third-party action for its immediate conversion into other forms value. Cash requires no authorization for the person who carries it‚ thus it is convenient for those who desires small payment amounts to be used. The use of cash does not involve any transaction fees for both ends‚ that is‚ the person who uses cash and
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From the table above‚ the under coverage rate is the ratio C/G and the leakage rate is B/E. Generally speaking‚ a low value of under coverage rate‚ leakage rate‚ inclusion error and exclusion error means that the program is well-targeted. Hoddinot (1999) also mentions that one of the factors that may lead to a high value of under coverage is lack of information about the program‚ while a high leakage rate is due to faulty design or implementation of the pro-gram. In the case of cash transfer programs
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operation including stores in Russia and China‚ Metro Cash & Carry (MCC) are struggling to transplant their business model in India. This demonstrates the importance of local political backing in emerging markets and how a successful model (e.g. a political welcome and direct supply from farm to store) wasn’t followed. Despite sales growth‚ expansion in India has been disappointing predominantly because of restrictions in buying directly from farmers and poor PR. Analysis of MCC competitive advantage
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Si Chen Bin Shen Qiyang Tan Yajie Wang Jiaqi Zhang Copyright © 2012 by Steris’s Group from Weatherhead School in Case Western Reserve University All rights reserved. No part of this publication may be reproduced‚ distributed‚ or transmitted in any form or by any means‚ including photocopying‚ recording‚ or other electronic or mechanical methods‚ without the prior written permission of the publisher‚ except in the case of brief quotations embodied in critical reviews and certain other noncommercial
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A cash advance payday loan is defined by its name. It is a loan which is meant to be held only until the borrower’s next payday. This is not the type of loan is not meant to be used to purchase items such as houses or vehicles. These loans are meant for people who have unexpected financial responsibilities and do not have the money until their next paycheck comes. Molly did not realize that she was behind with her gas bill and she let it go past due. She received a shut off notice in the mail and
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is important that good managers recognise the differences‚ because the action required is may be completely different in each case. The four reasons are: 1. Faulty Arithmetic in the Budget Figures 2. Errors in the Arithmetic of the Actual Results 3. Reality is Wrong 4. Differences between Budget Assumptions and Actual Outcome 1. Faulty Arithmetic in the Budget Figures It is perfectly possible to have an error in the budget. This includes errors of commission or duplication as well as
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How did the Renaissance differ from the Middle Ages. There are many ways that renaissance differed with Middle Ages. This paper will mainly focus on a few of them. The fact that renaissance was not before middle ages is true. There are many differences adding to that. The first one is that gunpowder was first introduced in renaissance period. It led to the ending of knighthood era. Adding to this fact‚ discovery of this world came in the renaissance period. Another thing created during the renaissance
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In the 1970s regulated federalism began to build up steam as for how our new form of federalism would operate. In this new method‚ of regulated federalism‚ congress would pass laws requiring states and localities to follow through with out a choice or say in the matter. This is contrast to cooperative federalism as the
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A Comparison of Options‚ Restricted Stock‚ and Cash for Employee Compensation Paul Oyer and Scott Schaefer September 4‚ 2003 Abstract Using a detailed data set of employee stock option grants‚ we compare observed stock-optionbased pay plans to hypothetical cash-only or restricted-stock-based plans. We make a variety of assumptions regarding the possible benets of options relative to cash or stock‚ and then use observed option grants to make inferences regarding rms ’ decisions to issue
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Running head: ACCOUNTING BASIS Accrual Basis and Cash Basis Accounting Paper University of Phoenix ACC 290 Pretty much any and all businesses need feedback to see how they are doing and determine if any changes are necessary. This information comes as a result of accounting practices. This information is so crucial that a set of rules have been established to make sure that the information is not only properly represented but in a uniform that is easy to understand
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