Activity 2 for FINANCIAL MANAGEMENT IN SCHOOLS Make a research on governance and accountability in handling the finances of the school. Then assume you are the principal or school head and answer the following questions below. 1. What is the role of governance and accountability in the general expenditures of the school? As stated in Sec. 5 of Republic Act 9155‚ shared governance is a principle which recognizes that every unit in the education bureaucracy has a particular role‚ task
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Section-A 1. Discuss management accounting as an effective tool of financial control. 2. What do you mean by cash from operating activities? How is it calculated? 3. The “volume-cost-profit relationship provides management with a simplified framework for organizing its thinking on a number of problems.” Discuss 4. Recently a conference speaker discussing budgets & standard costs made the following statement- “Budgets & standard costs are not the same things‚ they have different purposes
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Nature of Financial Management Financial Management Defined * It refers to that part of the management activity which is concerned with the planning and controlling of firms financial resources. * Financial management is concerned with raising financial resources and their effective utilization towards achieving organizational goals. It is the process of putting the available funds to the best advantage from the long term point of view of business objectives. Purpose of Financial Management
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FINANCIAL MANAGEMENT INTRODUCTION Business firms exist because they satisfy a human need by providing a product or service. No business firm can be established without sufficient financing. The owner(s) therefore put personal loans they have entered into‚ and/or their hard-earned savings‚ at stake to partially finance the firm. The owner’s or owners’ contribution is referred to as owners’ equity. Normally‚ owners’ equity is not sufficient Borrowed funds (loans) have to be repaid through
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BUCKS NEW UNIVERSITY MODULE TITLE - INTERNATIONAL FINANCIAL MANAGEMENT MODULE CODE- BM702FT ASSIGNMENT TITLE – CASE STUDY BLESSED FARM CW1 STUDENT ID -21330789 STUDENT NAME- FARHANA SHAAN APON MODULE TUTOR – ALEXANDER AFAKORDZI DATE OF SUBMISSION- 4th November 2013 Blessed Farm Case Study Table of content 1. Introduction pg 3 2. Definition of stakeholder pg 4 3. Blessed Farm’s stakeholder pg 4 4. Motivation factor for the stake holder pg 4 5
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Most Effective Hand Cleaner Introduction: The purpose of this experiment is to: (a) determine if hand soap or alcohol gel is the most effective in killing Staphylococcus aureus (b) obtain the statistical difference of effectiveness in killing S. aureus between hand soap and alcohol gel. The null hypothesis is that neither hand soap nor alcohol gel is effective in killing S. aureus more than the control group which is nothing at all. The alternate hypothesis is that hand soap versus the control
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In film making‚ the actor is the face of the film. Acting is not just pretending to be someone else; it is becoming the character thereby creating the magic of effective acting. Noticeable actors are usually our way into a movie. (Goodykoontz‚ & Jacobs 2011). Impersonator: Usually these roles are found in historical and biographical stories. (Goodykoontz‚ & Jacobs 2011). I think of Denzel Washington impersonating Malcolm X in 1992; where Mr. Washington took on the person of Malcolm X and delivered
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Chapter 1: Organizational Tensions to be Managed Effective managers rely on performance measurement and control systems to set direction‚ make strategic decisions‚ and achieve desired goals Performance measurement and control systems: 1. 2. 3. 4. Purpose: to convey information Represent formal routines and procedures Designed specifically to be used by managers Used to maintain or alter patterns in organizational activities Foundation for performance measurement and control – profit
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REPORT ON MANAGEMENT PRACTICES OF ‘BANGLALINK’ Course Title: Course Code: Submitted to: Principles of Management MGT-101 Dr. Motaher Hossain Course Instructor(MGT-101) Institute of Business Administration Jahangirnagar University Submitted by: Aniqa Tahsin Anchal(787)‚ Md. Shafaeth Zaman(802)‚ Nafiz Imtiaz Noor(816)‚ Sabiha Sultana(1257)‚ Md. Aftarul Islam(1981) Submission Date: 21st November 2011 INSTITUTE OF BUSINESS ADMINISTRATION JAHANGIRNAGAR UNIVERSITY SAVAR‚ DHAKA
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Chapter 7 Fundamentals of Capital Budgeting 7-1. Pisa Pizza‚ a seller of frozen pizza‚ is considering introducing a healthier version of its pizza that will be low in cholesterol and contain no trans fats. The firm expects that sales of the new pizza will be $20 million per year. While many of these sales will be to new customers‚ Pisa Pizza estimates that 40% will come from customers who switch to the new‚ healthier pizza instead of buying the original version. a. b. Assume customers will spend
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