Define traditional budgeting Traditional budget is a type of budget which uses the income and expenses from the previous year or month to predict the next month or year ’s budget. A traditional budget is easy to create since it is meant to predict a future period of finances in relation to the previous period. In most cases though‚ the traditional budget usually ends up being too rigid. http://blog.trginternational.com/trg-in-the-board-room/bid/162036/Traditional-budgeting-approach-advantages-and-disadvantages
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budget accompanies may choose to adopt either top down budgeting approach or bottom up budgeting approach. In the finance ministry bottom down budgeting was a traditional way used in budget formulation. Top down budgeting came in the 1990s as a motivation to curb the fiscal deficits in which it lead to fiscal crisis in other countries. Top down budgeting was found that it helps and manages well the fiscal deficit efficiently unlike bottom up budgeting approach. Countries like Denmark‚ Korea Sweden‚ Australia
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of: 1.1 odor 1.2 color Procedures The researchers gathered the gingers at Poblacion Bansud Oriental Mindoro. The gathered gingers were washed thoroughly to remove unnecessary particles attached to it. After preparing the needed materials and equipment‚ gingers were peeled. The peeled gingers were cut into smaller pieces. Then extraction was done by blending 400 ml of cutted gingers and One-hundred fifty ml of hot water. Repetition of this process was made to get its extract and to
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Proposal of a Collaborative Learning Standardization Toshio Okamoto‚ Mizue Kayama and Alexandra Cristea University of Electro- Communications Graduate School of Information Systems {okamoto‚ kayama‚ alex}ai.is.uec.ac.jp Abstract This paper reports on considerations and steps towards standardization [2] of the collaborative learning environment. This standardization will extend and widen the field of applications possible within the collaborative learning paradigm‚ and will make possible
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swimming association‚ Fédération Internationale de Natation (FINA)‚ was formed. Butterfly was developed in the 1930s and was at first a variant of breaststroke‚ until it was accepted as a separate style in 1952. The Equipments in Swimming Swim suits – There are many different types of swim suits manufactured of many different materials having many different properties. Some swimmers prefer different types of suits for practice and for competition. Whether for practice
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“Social Capital here refers to features of social organization such as trust‚ norms and networks that can improve the efficiency of society by facilitating coordinated action”( Putman 1993: 169). Introduction In this essay I will compare and contrast social capital with my agency visit. I will discuss the theory of social capital and what role it plays in (CASP) Clondalkin Addiction Support Programme. This paper will look at the target groups in which apply to (CASP) and then look at bonding
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liquidation and a new company is formed to take over their business‚ it is called amalgamation. In other words‚ amalgamation refers to the formation of a new company by taking over the business of two or more existing companies doing similar type of business. In amalgamation‚ two or more companies are liquidated and a new company is formed to take over the business of liquidating companies. The companies which go into liquidation are called vendor or amalgamating companies where as the new company which
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Electrical System and Equipment MaintenanceElectrical System and Equipment Maintenance Introduction Electricity is the most widely used energy source in the hospitality industry. It is critical for the companies to develop a well-maintained electrical system in order to ensure the smooth operations. Besides‚ a good electrical system provides high quality of service to the guest and facilitates the staff working environment. Source of electricity‚ power distribution systems‚ control devices
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Proposal for the Acquisition of Sample Industries‚ Inc. Prepared for: Timothy Jones‚ CEO ABC Actuarial‚ Inc. Prepared by: John Smith‚ CPA ACME Valuation Services‚ LLP 500 North Michigan‚ Ave. Chicago‚ IL 60600 The information contained herein is of a confidential nature and is intended for the exclusive use of the persons or firm for whom it was prepared. Reproduction‚ publication or dissemination of all or portions hereof may not be made without prior approval from ACME Valuation
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UV5319 May 10‚ 2010 B CORPORATION: A NEW SUSTAINABLE BUSINESS MODEL “We envision a new sector of the economy which harnesses the power of private enterprise to create public benefit.” —B Lab‚ “Declaration of Interdependence‚” 2010 Introduction Jay Coen Gilbert and Bart Houlahan were friends as undergraduates at Stanford University. In 1993‚ a few years after graduation‚ they helped start the basketball shoe and apparel company AND1. As the company grew‚ cofounder Gilbert and president
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