GOVERNMENT BUDGETING IN THE PHILIPPINES * BUDGET PRINCIPLES The term “budget” may be traced back to the Latin word “bulga”‚ which literally means bag or purse. Some scholars however seem to favor its deviations from the middle English “bouget”‚ meaning bag or wallet. It applied to the leather bag carried by the Chancellor of the Exchequer to parliament and contained the documents explaining the needs and resources of the country. As government changed and developed‚ the “budget” took on a much
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Revenue expenditure is an expenditure which on cost of doing business on day to day basis and is necessary to be cover to maintain the business going on effectively. Thus‚ revenue expenditure is the cash or credit that being spent immediate for short-term purpose‚ example‚ expenses on assets such as repair and fuel which will or will not improve the value of the given assets. Capital expenditure is an expenditure which will cause future benefit to the company. It’s the money that spends on the
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The addiction to devices are becoming more and more vivid in this period of time. Quite frankly‚ how many times have we seen a child cry‚ and their parent lends them their iPhone to cease their crying. Raising kids in this type of environment may seem a little overwhelming for the parents with all the potential negativity that navigates throughout their kids. Most of the time‚ these knowledges that they absorb often create their identity. It is quite fascination how parents cope with their offspring
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there are less policies and investments in the innovation of this energy. India has limited energy resources and one day it will only depend on renewable energy resources. For this‚ Indian government should implement several measures like sustainable planning; reasonable budget etc. so that renewable energy sources optimally utilized and conserves natural resources for future generation. ACKNOWLEDGEMENT My sincere thanks and regards to Mrs. Sanjukta Chatterjee Mam‚ The Professor of Basic Technical
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Tiffany Fuentes Business Ethics April 11‚ 2014 Stretching the Principles of Revenue Recognition In the business world‚ not everything will work perfect to our advantage‚ but one thing people in the business world should always make sure to do is to be smart when making decisions. The best way to be smart on making decisions is following their own ethics as leaders. To be successful‚ there should not exist dishonesty‚ greed‚ or arrogance because these three factors will bring any business
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BSBMKG 501B IDENTIFY AND EVALUATE MARKETING OPPORTUNITIES JISOO PARK Cotton on- Australian based clothing retailer Profile The Cotton On brand was founded on the surf coast of Victoria Australia in 1991 with a single store and a handful of employees. In 14 years the company has grown to over 70 retail stores Australia wide‚ with a further 20 stores planned for the 05/06 financial year. Primarily‚ Cotton On operates as a ‘design to retail’ business allowing huge flexibility over the design
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Identify the strengths and weaknesses of discretionary accruals models to identify earnings manipulation: Discretionary Accrual = non-obligatory expense (such as an anticipated bonus for management) that is yet to be realized but is recorded in the account books. Accrual Accounting = an accounting measure that measures the performance and position of a company by recognizing economic events regardless of when cash transactions occur. The general idea is that economic events are recognized
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A political party is an organization of people who share and believe in a particular set of ideologies for what that state should be doing for its citizens. A party should as well‚ has a set of policy objectives. If the people view you as having goals and a purpose for their country‚ they would want to see you as the man/woman in charge. Political parties organize candidates and raise money for elections. Having the right candidate is key to winning an election. Most modern political parties rely
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His 111: United states history to 1877 Essay #1: Summary of “Working with Sources” When we are giving information‚ whether a text or speech‚ our knowledge must have a good basis. Using sources would amplify the quality of our message‚ but first of all‚ it is completely necessary to understand what is a source and how many types of sources exists. First‚ what is a source? Oxford Dictionary says “A book or document used to provide evidence in research”. Is a very
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Dissociative Identity Disorder Dissociative Identity Disorder or DID‚ is a severe form of dissociation‚ a mental process which produces a lack connections between someone’s memories‚ feelings‚ thoughts‚ actions‚ and their sense of identity (Chakraburtty‚ 2009). The dissociative part is thought to be a way of coping. The person dissociates themselves from a situation or experience that can be too violent‚ painful‚ or traumatic to assimilate with their conscious self (Chakraburtty‚ 2009). Dissociative
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