BUDGET 2013 - PERSONAL TAX The Finance minister of Singapore announced several budget initiatives in the Budget 2013 that aims to improve the lives of Singapore citizens. A number of changes were introduced which promotes progressive taxation‚ building a more inclusive society and encouraging quality growth. This Budget is very much focused on productivity and helping the lower income group as well as the elderly. Although there would not be any drastic changes in the personal tax rates‚ we could
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standard along with planning targets. There are various techniques of managerial control. All techniques can be classified broadly into two categories. Such as :- A. Budgetary control techniques B. Non-budgetary control techniques Budgetary Control Techniques The word ‘budget’ is derived from a French word “Bougettee”. The meaning of this word is a leather pouch in which funds are appropriated for meeting anticipated expenses. A budget is a recorded plan of action expressed in quantitative
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Accuracy of Web Documents 1. Make sure the author provides an email or a contact address/phone number. Who wrote the page and can you contact him or her? 2. What is the purpose of the document and why was it produced? Some webpages are produced for commercial‚ education‚ humor‚ advertising‚ commercial‚ and government based. 3. Is this person qualified to write this document? Is the author a webmaster‚ or just an author? Authority of Web Documents 1. Who published the document
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Question 1 If I buy the T-note‚ FV=$1000 If I leave the money in the bank‚ FV=PV(1+Inom/M)MN+$10=900（1+5%/365)270+$10=$943.91 $1000>$943.91‚ so the greatest future wealth is $1000 If I buy the T-note， PV=FV/(1+Inom/M)MN=1000/(1+5%/365)270=$963.95 If I don’t buy it‚ PV is $910. $963.69>$910‚ the greatest wealth today is $963.69 Leaving the money in the bank‚ the effective rate of return is: EFF=(1+Inom/M)M-1=（1+5%/365)365-1=5.13% For the T-note 1000=910(1+I)270‚ I=0.034936%‚ EFF=(1+Inom/M)M-1=(1+0
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Movie: The Patriot Characters: Benjamin Martin is a farmer and was a member of the military during the Seven Years War. He had lost his wife and joins the Revolutionary War due to the loss of his 15 year old son. He is promoted to colonel in the continental army and leads his eldest son to find recruits to stall General Cornwallis until the French arrive. He uses hit and run tactics to take out many British soldiers‚ many of these battles taking place in the swamps. Gabriel Martin is Benjamin’s
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Budgets serve five main purposes; planning‚ facilitating communication and coordination‚ allocating resources‚ controlling profits and operations and evaluating performance and providing incentives. The budgeting process requires both technical and interpersonal leadership skills to achieve each of these purposes effectively. The director’s memo demonstrates several short comings in the budgeting process. The director instituted the “responsibility accounting system” as a means of evaluating performance
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Capital Budget Recommendation Capital Budget Recommendation There are multiple effective techniques that can be used to evaluate a capital expenditure budget. Some of the most commonly used techniques include net present value‚ internal rate of return‚ and payback period. Each evaluation technique will yield the results in different fashions‚ and often some will yield better results than others. When looking at a capital investment every option must be taken into consideration before coming
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Impact of Budget Deficits Fiscal and monetary policies are used to control the economy but their effects on the federal government’s budget deficits can be huge. The use of fiscal policy to help solve the macro problems is common. Basically government spending is increased‚ tax cuts are put into place‚ and there is increases of transfers to lower employment are all fiscal stimuluses’ used to keep the economy from falling. Just the opposite is fiscal restraint where government spending is decreased
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people living in richer areas of America. Many programs and quality teachers are lacking in the school districts of Chicago. And now according to Kim Bellware‚ school districts in Chicago are planning on closing as many as fifty-four schools because of budget cuts. How do you expect that all children of America to have equal opportunity when some don’t even have a school near them to go to? It’s like the final straw for some kids that barely even go to school when it’s close to them‚ now there’s no way
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Separation Techniques Aim: To separate a mixture of Iron filings‚ CaCO3‚ NaCl into their pure substances. Apparatus: • 2x 150ml beakers • 1x 150Ml Beaker • Magnet • Matches • Evaporating basin • Bunsen Burner • Water • Funnel • Retort stand • Funnel Paper • Sieve • Iron Filings • CaCO3 • NaCl • tripod • Gauze Mat • Cling Wrap • Saftey Goggles Method: 1. Gather Apparatus and the mixture of Iron‚ CaCO3 and NaCl. 2. Weigh beaker and mixture. 3. Use magnetic
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