Difference Advantage Disadvantage and Uses of Cash Flow Statement & Funds Flow Statement There are 3 basic financial statements that exist in the area of Financial Management. 1. Balance Sheet. 2. Income Statement. 3. Cash Flow Statement. The first two statements measure one aspect of performance of the business over a period of time. Cash flow statements signify the changes in the cash and cash equivalents of the business due to the business operations in one time period. Funds flow statements
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Director Nestor Ramos from DSWD led the ceremonial cash pay out for the Emergency Unconditional Cash Transfer launch in Guiuan‚ Samar. The United Nations Children’s Fund (UNICEF)‚ through the Department of Social Welfare and Development (DSWD)‚ will extend financial assistance to beneficiaries of the Pantawid Pamilyang Pilipino Program (4Ps) in Eastern Samar who were worst affected by super Typhoon Haiyan/Yolanda. UNICEF’s Unconditional Cash Transfer (UCT) program will benefit 5‚801 4Ps households
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Welfare is a very hard subject to debate. There are advantages and disadvantages to the current welfare system. Without transfer payments‚ people who have inadequate income would be at risk for having no food‚ no shelter‚ and no healthcare‚ which is both sad and immoral. Sometimes people come across hardships that put them in financially devastating positions. In these cases‚ welfare is needed in order for these people to keep their head above water and maintain their lifestyle. I do not believe
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areas are that of structural components‚ alternative program characteristics and ways to evaluate the program. All of the aforementioned areas will be examined in this paper‚ in relation to a local Social Welfare program - The Targeted Conditional Cash Transfer Programme. Structural Components Dolgoff and Feldstein highlight five (5) key structural characteristics that are needed for examination of a social welfare programme to occur. The key characteristics that will be systematically developed are
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rise in income tax credit have benefited the people on welfare. The article also explains why numerous people on welfare got off the program. It talks about how welfare has affected teen pregnancy. Finally‚ it gives the reader the advantages and disadvantages brought by the Welfare Reform. Robert Cherry stated that‚ “But the strong economy and funding provisions of welfare legislation led almost
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Conditional cash transfer (CCT) program aim to reduce by making welfare programs conditional upon the receiver’s actions. The government only transfers the money to persons who meet certain criteria. These criteria may include enrolling children into public schools‚ getting regular check-ups at the doctor’s office‚ receiving vaccinations‚ or the like. ACCTs are unique in seeking to help the current generation in poverty‚ as well as breaking the cycle of poverty for the next through the development
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Pilipino Program) One of the anti-poverty programs the world has ever seen is the Conditional 1Smith‚ Stephen and Todaro‚ Michael (2010).Economic Development 10th edition.Pearson Education:Singapore.page 2 1 Cash Transfer (CCT). It is a social protection program that transfers cash based on the premise that the households- typically those with children or young family members will use it on human capital investment (health and education). 2 CCTs originally started in Mexico when Santiago
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“4Ps is the Philippines’ version of the Conditional Cash Transfer (CCT) program which had started in different countries years ago‚” Armas said. CCT was first done by Brazil‚ Columbia‚ Indonesia‚ and Cambodia as a solution to poverty‚ inequality‚ and other socio-cultural problems. The Philippines has already been acquiring the principle starting 2007 wherein qualified poor families through a process of validation are benefited with a cash grant to assist their needs in a year. Armas said
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Advantages and Disadvantages of using cash to make payments Advantages Disadvantages Cash is the most common way of payment around the globe when compared to all other types of payment. As cash does not involve third-party action for its immediate conversion into other forms value. Cash requires no authorization for the person who carries it‚ thus it is convenient for those who desires small payment amounts to be used. The use of cash does not involve any transaction fees for both ends‚ that
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Public assistance programs were created by both the state and federal government to help provide services to the poor‚ elderly and disabled.. Social welfare services began back in 1601 when the Elizabethan Poor Laws was established in England. It was the first time the government established laws that put the responsibility on the government instead of charities to assist the poor. When the Pilgrims came to America‚ hey also used the same policies to help the poor and elderly. This practice continued
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