Q.1 : Explain the meaning‚ importance and objectives of public expenditure. Ans. MEANING OF PUBLIC EXPENDITURE:- Public Expenditure refers to Government Expenditure. It is incurred by Central and State Governments. The Public Expenditure is incurred on various activities for the welfare of the people and also for the economic development‚ especially in developing countries. In other words The Expenditure incurred by Public authorities like Central‚ State and local governments to satisfy the collective
Premium Public good Public finance Economics
Expenditures and Revenues Matrix and Summary Amber Pickett AJS/522 April 16‚ 2012 Park Atatah Expenditures and Revenues Matrix and Summary Budgets are significant in the budget formulation process. Budgeting as a tool is the make-up of public policy (Smith & Lynch‚ 2004). Budgets exist at all levels of government‚ local‚ state‚ and federal. When describing revenue sources in public budgeting‚ it is important to describe the source of revenue‚ the source of the funding‚ importance of
Premium Federal government of the United States Tax Value added tax
------------------------------------------------- Public Expenditures Overview A comparison of Public Expenditures on Health in the two countries is the preliminary basis for evaluating where India stands with respect to the current superpower China‚ as both have strikingly similar demographics and health patterns. ------------------------------------------------- An overview of the evolution of the health systems in China and India reveals some similar patterns and striking differences
Premium Economics Health care Public health
large-scale ‘managerial enterprise’ as put forward by the famous business historian Alfred Chandler has not been followed completely by all of the world’s leading economies. This essay will therefore be structured as follows: first I will briefly explain Chandler’s theory of the large-scale managerial enterprise‚ putting it into context of time and place and pointing out the major flaws of his theory. Then‚ I will attempt to justify my opinion by using the Japanese enterprise system‚ paying attention to
Premium Management Strategic management Economics
Enterprise Architecture Article – 10 By: George Brundage February 12‚ 2011 This article includes my thoughts about the business architecture‚ Cloud Computing‚ Business Process Management (BPM)‚ and Business Rules. This article consists of a conversation between the CIO and Enterprise Architect. It is a product of my imagination. ____________________ CIO: I don’t want you to use the word “consolidation.” Instead‚ use the word “integration.” I am worried that someone will think that we are
Premium Enterprise architecture
PHOENIX GROUP The paragraphs bellow is a detailed competency statement on my day to day role at Phoenix Group in implementing an Enterprise Risk Management system as part of one of many tactical solutions to aid the realisation of Phoenix overall strategy towards compliance. Working within the Risk Group function across multiple Phoenix Group organisation and business unit and Carry out analysis with Risk champions across stating the current “AS IS” Risk profiling‚ risk identification and assessment
Premium Risk management Data management Risk
benefits if using enterprise systems. Enterprise system is an integrated enterprise-wide information system that coordinates key internal processes of the firm. Set of integrated modules for applications such as sales and distribution‚ financial accounting‚ investment management‚ materials management‚ production planning‚ plant maintenance‚ and human resources that allow data to be used by multiple functions and business processes. Enterprise systems also commonly known
Premium Enterprise resource planning Management Supply chain management
Enterprise Architecture: Question Consider yourself a practitioner in computer technology‚ telecommunications and Software system‚ who is interested in acquiring skills through knowledge of the most advanced application tools and methods both present (such as MIT programme) and coming. You have consequently been charged with planning‚ developing‚ applying and delivering advance information systems‚ architectural solution and programming products. Identify and critically analyze cognate enterprise
Premium Enterprise architecture
Revenue and Capital Expenditure Revenue and Capital expenditure are slightly different. Revenue expenditure is money that is spent on items that are only going to be used once‚ such as printer paper‚ stock‚ repairs‚ petrol etc. These items would go under expenses in the profit and loss account and would be included as part of revenue in balance sheet. Capital Expenditure is money spent by a business on items that are going to be used more than one time‚ for example machinery‚ buildings and
Premium Expense Income statement Balance sheet
guide to your reply. Introduction In a time of uncertainty; the construction industry which has in the past been widely criticised for its lack of trust‚ inefficiency and instability are leaving clients with little choice but to vertically integrate some of the functions that has previously been bought through the market. This was evident in a current article in the Building magazine which recorded the following: Fears are growing that housing associations are looking to take their
Premium Economics Transaction cost Cost