The difference between capital and revenue expenditure is a capital expenditure results in an addition to an asset account whereas a revenue expenditure results in an addition to an expense account. Capital expenditures are payments for asset alterations‚ additions and replacements. Revenue expenditures benefit a current period and are made to maintain assets with routine repairs or replacement of a minor part. Again capital expenditure will benefit 2 or more accounting periods through depreciation
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factors notwithstanding‚ a major weakness in the economy is that the growth is not perceived as being sufficiently inclusive for many groups * especially Scheduled Castes (SCs)‚ Scheduled Tribes (STs)‚ and minorities * Gender inequality * adverse effect on women * The lack of inclusiveness is borne out by data on several dimensions of performance. * rate of decline in poverty has not accelerated along with the growth in GDP * the incidence of poverty among certain marginalized
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DYNAMICS OF CONSTITUTIONAL DEVELOPMENT IN NIGERIA‚ 1914-1999 Abstract: This article examines the intractable problem of constitutional engineering in Nigeria. It is asserted that the drafting of constitutions is a recurring decimal in Nigeria’s chequered political history. Right from the colonial period‚ Nigerians were barely involved in the art of constitution making while the British colonial overlords employed constitution making to consolidate their imperial strategies. Post colonial Nigerian
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Nigeria is a country with device ethnic group and corrugated different political motive ranging from the individual perspective to the political parties. What is really wrong with Nigeria electioneering process is the wheel to be on power at all cost not minding the interest of the masses‚ every political party that is on power want to retain power for their selfish interest‚ while doing this‚ they map out strategies that will enable them to rig the election either by crook or hook‚ this things are
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experiences changes in terms of living condition‚ number of people born and people who died in that particular time. This essay will discuss the current size of the population‚ how does it effect the economic development‚ the impact on the standard of living and also focus on population growth as the contemporary concern by highlighting the past and present trends. However other arguments will be presented‚ such as theories that support the fact that population growth has an impact in economic development
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Spending Review (SR). SRs were introduced in the UK when the New Labour government came to power in 1997. “They set firm and fixed budgets and departments then decide how to manage those budgets” (HM-Treasury). The UK enjoyed a period of economic growth from this time‚ whilst more recently has experienced a period of austerity‚ which resulted from the 2007 financial crisis. This essay aims to critically analyse whether SRs and other financial planning processes are a way of making government more
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BACKGROUND OF THE STUDY Human resources are the most valuable assets of any organization‚ with the machines‚ materials and even the money; nothing gets done without man-power. In today’s business climate‚ businesses are faced with stiff internal and external competition. There are various human resource functions that give an organization a competitive edge‚ but most scholars argue that human resource functions becomes only operational when training has run through them all. This places training
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as cheques‚ wire transfers‚ debit and credit cards‚ online transactions‚ and mobile banking. The advantages of a cashless society are enormous; from regulating‚ controlling‚ and securing the financial system of any economy. The Central Bank of Nigeria‚ led by its Governor Sanusi Lamido Sanusi‚ has put forward a policy requiring that all cash withdrawals and deposits be set at a daily limit of a maximum of N150‚ 000 while pegging that of corporate entities at N l‚ 000‚000‚ with penalty fees of N100
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BUSINESS STANDARD A PROJECT REPORT ON MARKET PENETRATION STRATEGY & SURVEY OF POTENTIAL CONSUMER PROJECT GUIDE -: MR. KUNAL PANCHAL FOR THE PARTIAL FULFILLMENT OF MASTER IN BUSINESS ADMINISTRATION SUBMITTED BY: ANAND SINGH (99) RAGHUVIRSINH SOLANKI (101) SUBMITTED TO S.K.PATEL INSTITUTE OF MANAGEMENT AND COMPUTER STUDIES. (S.K.P.I.M.C.S.) GANDHINAGAR‚ INDIA JULY-2006 1 ACKNOWLEDGEMENT Writing a dissertation can never be the work of any one person. It includes co-operation & efforts
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economies have embarked on extensive privatization programmes in the last one and a half decades or so‚ as a means of fostering economic growth‚ attaining macroeconomic stability‚ and reducing public sector borrowing requirements arising from corruption‚ subsidies and subventions to unprofitable SOEs. By the end of 1996‚ all but five countries in Africa had divested some public enterprises within the framework of macroeconomic reform and liberalization. Yet despite the upsurge in research‚ our empirical knowledge
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