The Public Budget Cycle of the Bureau of Prisons Name: Institution Affiliation: Course: Date: The bureau of prisons is a program that was established in 1930. Its main purpose was to offer inmates in federal prisons more progressive and humane care. As an agency of the Department of Justice‚ it has the sole purpose of confining offenders and facilitating their correction. Ultimately‚ this results in the agency protecting the society. (Behren & Korfona‚ 2002) However‚ the agency faces certain
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Memorandum To: Mr. Burns‚ Monty Burns and Company Accounting Firm From: CPA Date: October 1‚ 2012 Subject: Personal Budget‚ Balance Sheet and Cash Flow Statement When one examines financial success for an individual or business what are the attributes does one inspect? Would you look at the individual’s or businesses’ gross income? Perhaps one can examine the educational level of the individuals to determine their financial success? Or maybe it is the individual’s drive and risk appetite
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spending; all of the budget cuts‚ raised taxes‚ and our slow descent into a never-ending debt. Americans‚ like myself‚ are so outspoken about the government’s wrongdoings and everyone seems to think that a solution is simple. In all actuality‚ the solution is anything but simple. I initially believed that a solution to the United States budget was easy and the government just was not trying hard enough. It was not until I was put in the position to actually solve America’s budget issue on the interactive
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What is a budget? A budget is a forecast of revenue‚ expenditure and profit. Most budgets are revised annually. What does it achieve? There are two (often overlapping) reasons for producing a budget. One is to persuade potential investors that your company is a good bet. The other one is to plan your business finances – how much money do you have and how do you plan to use it? How much revenue do you need to generate to achieve your target profit? Is your business plan viable or does it need adjusting
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Budget Deficit For many decades‚ there has been a concern for the deficit within the United States. Many politicians‚ authors‚ newscasters‚ and citizens have expressed their distress in order to resolve or control the issue. Keynesian economic theory states that running a budget deficit is okay‚ as long as the deficit is not exorbitantly large and is not carried for a long period of time. Even though many experts agree with this notion‚ having a deficit at all is important to the present and
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project will be evaluated usingNPV/IRR. Step 3: Prioritize Profitable Projects Based on the Firm-wide Project Once the profitable projects have been identified‚ the finance manager needs to prioritize these projects based on the firm-wide capital budget‚ requirements and strategy. Sometime a project may be profitable but can wait for some time compared to another project which is critical for the firm’s strategy. For example‚ while choosing between buying new machinery vs. replacing an existing technology
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Below are the solution: Question 1 Prepare a new contribution report for February‚ in which: * The static budget column in the contribution report is replaced with a flexible budget column. * The variances in the contribution report are recomputed as the difference between the flexible budget and actual columns. Answer Particulars | Static Budget | Flexible Budget | Actual | Variance | Unit (pounds) | 200000 | 225000 | 225000 | 0 | Revenue | 1600000 | 1800000 | 1777500 |
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A happy marriage from my point of view is hard to find nowadays. In order to have a long lasting happy marriage there are a lot of factors to help establish this kind of relationships. A committed wife‚ a responsible husband‚ and finally a strong based relationship covered with love and respect are the three most important elements building a happy marriage. First of all‚ I started with the wife in my thesis because she is the mom of this bond. Obviously moms play a big role in shaping families
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The Happy Prince Story : The Happy Prince Written by : Oskar Wilde It is very difficult to feel the true happiness unless you realize what happiness means to you. One can earn his or her so called “ happiness “only by thinking of himself or herself in the first place whenever doing something . From the Story “ The Happy Prince “ important lessons can be learnt about happiness . I think “ Happy Prince “ truly realized his happiness through his three valuable personality traits
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Given me and the beautiful people around me who make my life a happy adventure. Yes‚ I went through some bitter moments along the way but You Held my hand and Helped me through it and Made it as if it never happened before. I am thankful to You‚ in every breath I take and in every moments of my life. I pray so that You will Guide me and never let me astray from the correct path. I promise‚ I will give back as much as or even more the love I received‚ back to the people who love me. Please‚ Bless
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