Chapter 4 The Revenue Cycle Objectives for Chapter 4 • Tasks performed in the revenue cycle‚ regardless of the technology used • The functional departments involved in revenue cycle activities and the flow of revenue transactions through the organization • The documents‚ journals‚ and accounts that provide audit trails‚ promote the maintenance of records‚ support decision making‚ and sustain financial reporting • Risks associated with the revenue cycle and the controls that reduce these risks
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CAN NIGERIA ’S NASCENT DEMOCRACY SURVIVE? BY Emmanuel 0. Ojo (Ph.D) Department of Political Science University of Ilorin‚ Nigeria P. F. Adebayo (Ph.D) Lebanese Emigration Research Center‚ Notre Dame University‚ Lebanon ABSTRACT By May 2009‚ Nigeria ’s nascent democracy should have been a decade. Thus‚ the thrust of this paper is an in depth analysis of the possibility of sustaining democratic values beyond any sudden reversal. The. paper however‚ takes a cursory look at the daunting challenges
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Nigeria‚ a country in West Africa‚ was one of the leading producers of palm oil‚ cocoa‚ and groundnuts‚ that had the potential of becoming a powerful nation. However‚ in 1885‚ European powers‚ such as Portugal‚ France‚ Britain‚ Germany‚ Spain‚ Italy‚ and Belgium‚ gathered all together at the Berlin Conference‚ deciding on which African colony they were each going to take over. This was the beginning of New Imperialism. During the Scramble for Africa‚ many African regions were colonized by European
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Cost allocation in banks is also one of these competitive challenges in the USA market. Now banks are also revising its polices one after another for an effective marketing strategy and gaining healthy customer relations. Therefore‚ usually banks allocate their costs from the back office to the front office. Basically back office means the internal operations related to cost and management in any organization or bank‚ which is not visible to the public. It is the internal cost allocation policies
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THE BASICS OF REVENUE MANAGEMENT IDeaS © 2005 Integrated Decisions and Systems‚ Inc. ID-MK-100102-v1-YMBasic The Basics of Revenue Management by IDeaS TABLE OF CONTENTS TABLE OF CONTENTS ..................................................................................................................2 WHAT IS REVENUE MANAGEMENT? ........................................................................................4 When Is Its Use Appropriate? ......................................
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is the major determinant of national affairs. It leverages power and determines public policy and revenue allocation as areas with higher population are entitled to a greater share of the national resources in terms of state creation‚ representation and other national consideration. Moreover‚ politics especially democracy thrives on numbers. So‚ population figures also shapes election result‚ since a more population place will justifiably cast more voters. It‚ therefore‚ a power toll. Both for economic
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ENTREPRENUERSHIP IN NIGERIA Entrepreneurial forces are relatively strong in this country‚ as the lack of jobs and a rise in poverty leave few other options for the Nigerian people. Although difficult due to a lack of resources‚ there are non-profit organizations such as the Fate Foundation in Nigeria that are dedicated to promote entrepreneurship. Apart from the information about Nigeria that is so widespread and often negative‚ there appears to be a recognition of the critical role and place of
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IKEA in Nigeria Nasser Mardini Virginia International University Global Sourcing and Logistics - MBA 628 September 15‚ 2012 Dr. Stephen Onu Company history IKEA was founded in 1943by Ingvar Kamprad aged 17 in a small farming village in Sweden. The name IKEA was formed from the founder’s initials I.K. plus the first letters of Elmtaryd and Agunnaryd‚ the farm and village where Kamprad grew up. Originally IKEA sold everything from pens and wallets to picture frame‚ watched and even ladies
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A Theory of the Allocation of Time Gary S. Becker The Economic Journal‚ Vol. 75‚ No. 299. (Sep.‚ 1965)‚ pp. 493-517. Stable URL: http://links.jstor.org/sici?sici=0013-0133%28196509%2975%3A299%3C493%3AATOTAO%3E2.0.CO%3B2-N The Economic Journal is currently published by Royal Economic Society. Your use of the JSTOR archive indicates your acceptance of JSTOR ’s Terms and Conditions of Use‚ available at http://www.jstor.org/about/terms.html. JSTOR ’s Terms and Conditions of Use provides‚ in part
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Financial Management (PFM) ordinarily covers the management of government revenue‚ expenditure and cash. Corruption defined as the diversion of public resources for private use can affect any of these operations‚ at the level of the national and sub-national administrations. This paper focuses on circumstances that are prone to corruptive practices in managing expenditure and cash at the national level. It does not discuss revenue. The outline of the paper is as follows: Sections I and II provide an
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