Introduction to budget A budget is a financial plan for business‚ prepared in advance. It is defined by cima as ‘a plan expressed in money’. Cash flow forecasting is the process of estimating cash inflows and cash outflows over a period of time‚ usually for a period of 1 year. Cash Budget is the process of estimating cash inflows and cash outflows over a period of time‚ usually prepared monthly. Cash flows is the amount of money flowing into and out of a business over a period of time. Cash inflows
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Revenue has become the lifeblood of the government from the moment the Philippines had been given the freedom to establish its own system of governance and formulate laws which formally states the people’s rights‚ duties and obligations. However‚ for the country to continuously sustain the needs of its citizens it has to generate revenues from the different sources available. How will the national government implement the maximization of revenues from local communities in each
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the reception and entertainment of guests‚ visitors‚ or strangers‚resorts‚ membership clubs‚ conventions‚ attractions‚ special events‚ and other services for travelers and tourists. The Hotel and Restaurant Management Industry must have Standard Operating Procedures (SOP) to guide them in their day to day business operation. An SOP is a document which describes the regularly recurring operations relevant to the quality of the investigation. The purpose of an SOP is to carry out the operations procedure
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Nightingale Community Hospital Memo To: From: Date: Re: Executive Management‚ Nightingale Community Hospital Brittany Amon‚ Senior Audit Administration September 29‚ 2012 Compliance Status of Nightingale Community Hospital: Information Management The following pages will provide a summary of the current compliance status of Nightingale Community Hospital based on the Information Management Priority Focus Area. From the information provided by Nightingale Community Hospital [the hospital] or
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flexible budget is a budget statement that shows what the expected costs should have been for any level of output‚ so that the actual costs can be compared to planned costs for the output that was actually generated. In a flexible budget‚ the costs are separated into variable and fixed costs. The more information that is provided to explain variances in budgeted and actual amounts‚ the easier it is for management to make successful decisions about costs and expenses. A flexible budget classifies
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for me to decide if I wanted to continue my education and enter college. However‚ despite my finical struggle I decide to continue my education and apply for college. I applied to Rockland Community College‚ where I wanted to work on increasing my GPA. After two unforgettable years at Rockland Community College‚ I gained my associates in Math and Science. During my time at this college‚ I managed to recognize my full potential‚ and received outstanding grades every semester. Although many times
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INTRODUCTION Operating system (OS) is a set of programs that acts as an interface between user and computer hardware. It also manages the internal resources of a computer like control Unit‚ arithmetic logic unit‚ memory unit‚ I/O unit etc. simply we can say that operating system (OS) is a communication channel between the user and the computer machine. It is must for any computer system because the OS is only: The one program that runs at all the times on the computer. The program that
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GSIS Benefits | Government Service Insurance System Philippines Benefits Being a member of the GSIS (Government Service Insurance System) is among the greatest rewards of working in the government here in the Philippines. It’s not only about having sustainable retirement pension but also being secured and insured in your entire lifetime career. In this hub‚ I’m gonna discuss and sum up the benefits of being a GSIS member. After publishing about the SSS benefits‚ I’d like to say the GSIS benefits
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Budget is something that every citizen of India looks forward to. It determines how the finances are going to be managed for the coming year. The Union Budget 2013-2014 is perhaps the most budget of post reform India. This budget‚ as always has been welcome by some‚ while for the others it is a total unsatisfactory one. The Finance Minister‚ Mr. Chidambaram has tried to cut down the expenses and has tried to increase the fiscal by next year end. Listed below are the highlights of the Union
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A: The primary criteria the auditor should use in determining revenue to be recognized are: (1): persuasive evidence of an arrangement exists. (2): Delivery has occurred or services have been rendered. (3): The seller’s price to the buyer is fixed or determinable. (4): Collectability is reasonably assured. The most basic principle for revenue recognition is revenue has been realized or realizable and earned. B: (1) a: Multiple deliverable. Does the software and one year internet service has
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