The Effects of Budget Cuts on Healthcare and Education. The fields of healthcare and education affect almost everyone. The odds of seeking medical care at some point in time are high‚ and most individuals will receive some form of education. In Louisiana alone‚ Governor Jindal’s proposed budget will cut millions of dollars from education and healthcare. Although these cuts are necessary to reduce the national budget deficit‚ they will have devastating financial effects on both systems
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responsibility‚ manage overall organisation and make the most profit for organisation. So Facilities management was emerged and also reach the recognition. Mole&Taylor (1993‚ p23) states that In 1980‚ Facilities management occurred in U.S.A when the International Facility Management Association (IFMA) and the Facility Management (IFA) Institute were founded. Then Cornell University also introduce Facilities planning and management to the first graduated programme. However‚ “Most commentators and
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What is a static budget? A static budget is a budget that does not change as volume changes. If a company’s annual master budget is a static budget‚ the budget for sales commissions expense will be one amount such as $200‚000 for the year. In other words‚ in a static budget the budgeted amount for sales commissions expense will remain at $200‚000 even if the actual sales during the year are $3 million‚ $4 million or $5 million. In contrast to a company’s static master budget‚ the company’s sales
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Capital Budget Recommendation Guillermo Furniture Overview Guillermo Navalez is an owner of a small furniture manufacturing company near his home‚ Sonora‚ Mexico. Sonora offers mild weather‚ beautiful scenery‚ and inexpensive housing. Guillermo is the largest manufacturer of furniture in his area where the supply of timber for tables and chairs is easily accessible due to the nature of resources (University of Phoenix‚ 2010). Labor is also inexpensive and Guillermo was making profit up until
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proposal to cut prices on (i) total revenue‚ (ii) total cost‚ and (iii) total profits. Price elasticity of demand (Ed) is defined as Ed = % ∆Q / %∆P Which means: % ∆Q =(-2)*(-5) = 10% (There would a 10% increase in quantity) Q1 = Q + 10% increase = 20‚000 + 2000 = 22‚000 i) Total Revenue: TR1 = Q1 * P1 = $22‚000 * $9.5 = $209‚000 (Increase of 4.5%) ii) Total Cost: TC1 = FC + VC = $60‚000 + ($22‚000 * $5.6) = 183‚200 (Increase of 2.1) iii) Total Profit: TP1 = TR1 - TC1 = $209‚000 – $183‚200 = $25‚800
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unventilated rooms‚ this can be to them uncomfortable and thus‚ each student’s mood and concentration. The no.1 facility that causes problem for the students is the comfort room. The comfort room in public schools nowadays is an eyesore. The odor that the comfort room releases causes illness in students and visual pollution every time the students visualizes the comfort room.The no.2 facility that has serious problem are the classrooms where the students have their classes at. You can see vandalized
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President Goodluck Jonathan yesterday presented a budget proposal of N4.2 billion to the joint session of the National Assembly with emphasis that job and wealth creation for teeming unemployed Nigerians would top the agenda of his administration in the coming fiscal dispensation. The initial schedule of the president to make the presentation at 12 noon yesterday at the green chambers of the House of Represents‚ was rescheduled to 2 p.m. He was later accompanied to the venue by his Special Adviser
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Health Care Budget Effective financial management is the basis of thriving health care organizations. Organizations must make good investment decisions based on objective analysis (Healthcare Financial Management Association [HFMA]‚ 2005). Integration of financial management principles provides decision makers with guidance to make capital decisions maximize mission-based benefits at effective costs (HFMA‚ 2005). An operating budget is the statement of profit and loss for the entire organization
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A factor that determines patient benefits eligibility would come from the patients’ information form and their insurance card. The medical insurance specialists would then contact the payer to confirm eligibility‚ any copayment that the patients are required to pay before care is rendered and whether the care they are seeking is a covered service under their plan. These steps are required before care is provided to the patient except in a medical emergency. If there is an emergency the patient
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Facility Planning Part 1 Facility Planning Part One Dwan Chatman HCS/446 July 26‚ 2011 Ruth Ann Vaughn Facility Planning Part One The United States is facing a crisis with the rise in health care cost and the aging population suffering from chronic and terminal illnesses. As a result‚ hospital administrators are left to seek out methods to address these patients’ needs. The hospitals are trying networking‚ patterning with new physicians‚ and building additional outpatient treatment
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