TOPICS & SECTIONS | PAGE | 1. | Acknowledgement | 2 | 2. | Introduction | 3 | 3. | Objectives | 4 | 4. | Brief Summary of The Budget | 5-6 | 5. | Allocation of The Budget | 7-17 | | 5.1 | Education | 7-11 | | 5.2 | Islamic Banking & Finance | 11-17 | 6. | SWOT Analysis | 18-19 | 7. | Islamic Inputs in Budget Allocation and Relevant Surah & Hadiths | 20-25 | | 7.1 | The earlier statement from the Holy Quran. | 20 | | 7.2 | Obligations in Islam. | 20-22 | | |
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Environment Prepared by: Dragan Stojanovic‚ CA Rotman School of Management‚ University of Toronto The Canadian Financial Reporting Environment Role of Financial Reporting • Financial statements and financial reporting • Accounting and capital allocation •Stakeholders Objective of Financial Reporting •Management bias •Users’ needs Standard Setting • Need to develop standards • Parties involved in standard setting • Standard setting in a political environment GAAP • GAAP hierarchy •Professional judgement
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were made that still govern the Colorado River Basin to this day. A few of the more important laws governing the way water rights are allocated today are the Colorado River Compact‚ Boulder Canyon Project Act of 1928‚ Mexican Water Treaty of 1944‚ and Upper Colorado River Basin Compact of 1948. The Colorado River Compact was an agreement made by all seven states in 1922 (US Department of the Interior‚ 2008). This was responsible for dividing the basin into Upper and Lower basins and appropriating
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amount of money available to the individual upon retirement is determined by the performance of their investments. Each employee retains the option to choose how to diversify their investments‚ while the employer will typically provide a “default allocation” option. The options available are generally very varied‚ and includes a number of index funds and actively managed mutual funds. In a defined-benefit (DB) pension plan‚ the retiree is paid a fixed amount per month upon retirement. That amount is
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communication bandwidth auctioned for lower than market value[11][12] | 2G SPECTRUM SCAM Introduction: The 2G spectrum scam involved politicians and government officials in India illegally undercharging mobile telephony companies for frequency allocation licenses‚ which they would then use to create 2G subscriptions for cell phones. In this particular process Rs. 1.76-lakh crore was scamed by the former telecom minister A Raja. The original plan for awarding licences was to follow a first come first-served
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Jin Kim‚ manager of Taejon City branch of Korea Auto Insurance in South Korea discovered that there was big problem in the headquarters’ overhead cost allocation when he was preparing for the branch operation report. Taejon was a rapidly growing city. with the hard work Kim‚ the Taejon branch raised insurance revenues. However‚ the net income of the Taejon branch was much lower than for the prior year. And this attributed to the inappropriate cost accounting systems. For the underlying cause
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possible allocation to the cell in the upper left-hand corner of the tableau Repeat step 1 until all allocations have been assigned Stop. Initial tableau is obtained Example Northeast corner Initial tableau of NW corner method Repeat the above steps‚ we have the following tableau. Stop. Since all allocated have been assigned The Minimum cell cost method Here‚ we use the following steps: Steps: Step 1 Find the cell that has the least cost Step 2: Assign as much as allocation to this cell
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INTRODUCTION TO INVESTMENT What is Investment? An investment is the choice by the individual‚ after thorough analysis‚ to place or lend money in a vehicle (e.g. property‚ stock securities‚ and bonds) that has sufficiently low risk and provides the possibility of generating returns over a period of time. Placing or lending money in a vehicle that risks the loss of the principal sum or that has not been thoroughly analyzed is‚ by definition speculation‚ not investment. In the case of investment
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alternative allocation method would you suggest? Justify your answer. Ignore consideration of excess capacity discussed in question 3 below for this answer. Please discuss any additional information that you feel is needed. No‚ I would not recommend TRU continue to allocate the building-related costs only to the preschool program because it is not an accurate way to compute the actual costs for Birthday Party product. I would suggest TRU to use the activity based costing allocation method. To use
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Answers: Effective price ceiling Effective price floor Is MB greater than‚ equal to or smaller than MC at quantity transacted? MB > / = / < MC MB > / = / < MC Change in TSS / / uncertain / / uncertain Achieve efficiency in resource allocation? Yes / No (underproduction / overproduction) Yes / No (underproduction / overproduction) Change in Q / / uncertain / / uncertain Change in P / / uncertain / / uncertain Change in CS / / uncertain / / uncertain
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