Act (FPA) 1957 - power to enact c. Audit Act 1957 - provisions for audit d. Treasury Instructions - rules approved & document e. Treasury Circulars - new rules f. Government Accounting Standard (PPK) - standard & basis g. International Public Sector Accounting Standard (IPSAS’s) - standard by IFAC for global 2. Non-financial procedure Financial Provisions of the Federal Constitution (Art 96 to 112) 1. Objectives a. Establish general framework for control of public expenditure b. Provide
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Inaccuracies of the Consumer Price Index(CPI) Aman Aggarwal Sept. 28‚ 1996 The Consumer Price Index is a measure of the prices of a fixed market basket of some 300 consumer goods and services purchased by a "typical" urban consumer. The 1982-1984 period serves as the base period so analysts can compare other year’s changes with this base period. The composition of the market basket is fixed in the base period and is assumed not to change from one period to another. The reason for the assumption
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GLOBAL PEACE INDEX 2014 MEASURING PEACE AND ASSESSING COUNTRY RISK QUANTIFYING PEACE AND ITS BENEFITS The Institute for Economics and Peace (IEP) is an independent‚ non-partisan‚ non-profit think tank dedicated to shifting the world’s focus to peace as a positive‚ achievable‚ and tangible measure of human well-being and progress. IEP achieves its goals by developing new conceptual frameworks to define peacefulness; providing metrics for measuring peace; and uncovering the relationships between
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the lack of oxygenation it provides to the muscles. To test this theory we will compare the time it take for the index finger and the muscles around it to reach fatigue after a variation of excises. We will compare these results in Mann (2014) to see how our results vary. Methods: As per lab Manual‚ Wright‚ W. and Nankervis‚ S. (2016) Over a course of a minute‚ we will test the index finger fatigue levels by the intensity of the amount of resistance it had to carry‚ in this case an elastic band
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Overview of Central Public Sector Enterprises The government-owned corporations play a pivotal role in the economic development of emerging economies because their participation is higher in the industrial and commercial activities of these economies. Resource constraints and limited scope of the private sector in the early stages of development and planning have set the stage for predominance of the public enterprises in these economies. Thus‚ public sectors in the leading developing countries
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Dr. Justin Schmidt‚ an entomologist who came up with the Schmidt Sting pain Index describes the pain of being stung by a bullet ant as a local pain reaction that is characterized by crescendo of searing pain that lasts up to 24 hours. Their sting is rated a "4_+" in the Schmidt Sting Pain Index. The excruciating pain‚ he describes‚ comes in waves that recede and peak causing untold misery to the afflicted party. Bullet ants also known as Conga ants claim their fame form the searing pain they inflict
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ORGANISED AND UNORGANISED SECTOR One of the two main tasks entrusted to our commission is to propose umbrella legislation for workers in the unorganised sector. We have also been asked to see that the legislation‚ and the system that will be built around it‚ will assure at least a minimum protection and welfare to workers in the unorganised sector. We are deeply conscious of the urgency and importance of this task. In fact‚ both the main tasks entrusted to our commission are urgent and difficult
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India’s financial Sector and Monetary policy Reforms—by sonam bhati Introduction The financial crisis of 2008 has exposed weakness of the financial systems not only in developed countries but also in major Emerging Market Economies (EMEs). However‚ the intensity of its spillover effects varies across countries depending upon extent of the regulatory shortcomings. While bailout packages and stimulas packages became common in advanced economies‚ the domestic financial system has been insulated
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categorized into two sectors which is the private sector and government sector. Private sector includes all types of profit business that are not owned or operate by the government. Meanwhile‚ the government sector provides services that non-payer cannot be excluded from and services that benefits the society rather than just the individual who uses the service. There are some differences based on the working hours‚ benefits and room of improvement possess by these two sectors. One of the main differences
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Chapter 8 Index Models 163 Multiple Choice Questions 1. As diversification increases the total variance of a portfolio approaches ____________. A 0 B 1 C the variance of the market portfolio D infinity E none of the above Answer: C Difficulty: Easy Rationale: As more and more securities are added to the portfolio unsystematic risk decreases and most of the remaining risk is systematic as measured by the variance of the market portfolio. 2. The index model was first suggested by ____________. A Graham
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