expenditures. 2.0 Circular Flow between Firm and Households The circular flows between firms and household may therefore be represented by the following 4 flows: Flow of factor of production from household to firms Flow of incomes from firm to household Flow of output of goods and services from firm to households Flow of expenditures from household to firm These four flows are illustrated as appendix 1. Outer flow of incomes and expenditures are flow of money‚ whereas the inner flows of factors of production
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Name: Jeff Costello Year: Sophomore G.P.A. 3.2 Major: Chemistry & Economics Hometown: Hawthorne NJ “Lambda Chi Alpha and all your brothers within the bond are counting on you to take this role and its responsibilities seriously. Your dedication will make a critical difference to your Chapter and the success of Lambda Chi Alpha.” To become a big brother‚ you must meet the following criteria… 1. Attend meetings and all activities of the Chapter. 2. Be a responsible student. Attend
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Control of Cash Receipts Internal control of cash receipts ensures that cash received is properly recorded and deposited. Cash receipts can arise from transactions such as collections of customer accounts‚ receipts of interest earned‚ bank loans‚ sales of assets‚ and owner investments. The two important types of cash receipts are: Over-the-Counter Cash Receipts For purposes of internal control‚ over-the-counter cash receipts from sales should be recorded on a cash register at the time of each
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of Internal Control to Cash Receipts ---Cash receipts may result from cash sales; collections on account from customers; the receipt of interest‚ rents‚ and dividends; investments by owners; bank loans; and proceeds from the sale of noncurrent assets. ---The following internal control principles explained earlier apply to cash receipts transactions as shown: Establishment of responsibility - Only designated personnel (cashiers) are authorized to handle cash receipts. Segregation
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have been calculated on a scale and reliability studies the value of measurement. It provides information about the internal regularity of the variables. The Cronbach Alpha Reliability analysis has been used and the Cronbach Alpha coefficient generated by SPSS gives an evaluation of the consistency. Generally‚ if a Cronbach Alpha coefficient of fewer than 0.60 is obtained‚ the internal consistency is assumed to be poor; a value in the range of 0.60 to 0.80 is suitable consistency and values above
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Control of Cash Disbursements Control of cash disbursements is important for companies as most large thefts occur from payment of fictitious invoices. One key to controlling cash disbursements is to require all expenditures to be made by check. The only exception is small payments made from petty cash. Another key is to deny access to the accounting records to anyone other than the owner who has the authority to sign checks. A small business owner often signs checks and knows from personal contact
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The Cronbach’s alpha values obtained from the pilot study using the final draft of the ISACS are given in Table 1. (Insert Table 1 here) Cronbach’s alpha values were acceptable[40] for three of the four subscales suggesting good internal consistency and reliability.[42‚43] Cronbach’s alpha values for Section I were low for the PWF and SOP groups‚ a common occurrence for short scales with less than ten items.[44] Also‚ a high alpha value was not expected in this subscale
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Genmo Corporation Balance Sheet As of December 31‚ 1992 As of December 31‚ 1993 ASSETS Current Assets Cash 18 Account Receivable 214 273 Marketable Sec 494 Prepaid expenses 728 1533 Inventories 972 872 Total Current Assets 2426 2678 Investments 898 898 Real estate‚ plant and equipment 4727 4727 Less: Accumulated Dep 2433 2294 2711 2016 Special Tools
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Cash Transfers to end poverty – Over-ambitious economic policy or a welcome change to eliminate corruption in the Public Distribution System? A study of the benefits of the Cash Transfer scheme to India’s poorest and its economic viability Shrinidhi Rao 210063 Word Count – 3501 [including footnotes] Introduction – From January 1st‚ 2013‚ hundreds of thousands of India’s poor across 20 districts will benefit from the logical end of signing on to
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Official Cash Rate The Official Cash Rate (OCR) is the interest rate set by the Reserve Bank of Australia to meet the inflation target specified in the Policy Targets Agreement. The current agreement defines price stability as annual increases in the Consumers Price Index (CPI) of between 2 and 3 per cent on average over the medium term. A media release is issued at 2.30 pm after each Reserve Bank Board meeting‚ with the Board’s decision taking effect the following day. Changes to the official
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