Petty cash fund is a relatively small amount of cash that businesses keep on hand for the purpose of small transactions such as providing change to customers‚ postage expenses‚ highway tolls etc. In such transactions‚ the use of checks is time consuming‚ costly or illogical. Usually a custodian is appointed to administer the petty cash and it is his/her duty to account for the expenses incurred out of petty cash fund. Whenever the custodian makes any payment from the fund to an employee or a customer
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KING MIDAS AND HIS GOLDEN TOUCH "…Monsters are real‚ and ghosts are real too. They live inside us‚ and sometimes‚ they win." ~ Stephan King Have you ever asked for something even though you had plenty? Why do we always ask for more stuff? This is a deadly monster called greed and it lives inside of everyone. It ’s a never-satisfied monster that always wants to become wealthier‚ like King Midas. Greed can cause people to think of you very badly‚ just like I do towards King Midas. He ’s greedy‚
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players in this industry? What are the markets and customers for this industry? What are the industry’s estimated sales this year? Last year? The year before? What national/economic trends have affected this industry and how? What national/economic trends might affect it in the future and how? What is the long-term outlook for this industry? Writing a Business Plan: Position in the Industry What products or services will your business be selling? What is your Unique Selling Proposition ? (What
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EXCHANGE-TRADED FUNDS Investment companies‚ manage the funds of individuals‚ businesses‚ and state and local governments‚ and are compensated for this service by fees that they charge. The fee is tied to the amount that is managed for the client and‚ in some cases‚ to the performance of the assets managed. Some asset management companies are subsidiaries of commercial banks‚ insurance companies‚ and investment banking companies. As an investment vehicle‚ open-end funds (i.e.‚ mutual funds) are often
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organization called the True Colors Fund has trained and educated members of communities much like even yours on the subject of LGBT youth homelessness. True Colors Fund was founded in April 2010 by Jonny Podell‚ Cyndi Lauper and Lisa Barbaris in order to put a stop to homelessness in LGBT young people. In addition to educating the public‚ they have held a number of fundraisers‚ such as Pizza 4 Equality and the annual Home for the Holidays concert. True Colors Fund does many things to raise general
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Giant Panda: How China’s Economic Growth Affects Populations Young panda approaching through the bushes [Fritz Poelking‚ 2008] Daniel Quiroga English 110 Dawn Service 5 April 2012 Giant Panda: How China’s Economic Growth Affects Populations Daniel Quiroga English 110 Dawn Service 5 April 2012 Summary Giant Panda is a bear native to central-western and south western China and it is easily recognized by its large‚ distinctive black patches around the eyes‚ over the
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Organization (NGO) called The Children’s Defense Fund (CDF) and discussing its relationship to the International Human Rights movement. First‚ we must establish what is an NGO. An NGO is an independent entity which works alongside governments to advocate for Human Rights and related issues. These entities usually work on a voluntary basis‚ and rely on donations from individuals‚ governments or private companies to conduct their business. The Children’s Defense Fund is a private American non-profit child
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1 What are infrastructure funds? By Kelly DePonte‚ Probitas Partners Infrastructure investing is a relatively new sector within institutional investors’ portfolios and has been growing dramatically over the last five years. Though a few of the largest and most sophisticated investors have devoted the necessary resources to develop direct investment programmes‚ most investors in the sector commit through professionally managed funds‚ much as they do in private equity and opportunistic real
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Dimensional Fund Advisors 2012 Background‚ Principle and Strategy of DFA Dimensional is a different kind of investment firm headquartered in Austin‚ Texas with regional offices in Amsterdam‚ Berlin‚ London‚ Santa Monica‚ Sydney‚ and Vancouver now (DFA 2012) which was founded in 1981 by David G. Booth and Rex Sinquefield‚ both graduates of the University Of Chicago Graduate School Of Business. The underlying principle of DFA is that the stock market was “efficient” which is‚ on one could beat
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Sovereign Wealth Fund The purpose of this report is to analyze the myths associated with Sovereign Wealth Funds (SWFs) and provide a more balanced view of SWFs. The common misconceptions regarding SWFs that have been identified by David Murray are: 1. Homogeneity of SWFs: It is believed that SWFs are a homogenous entity‚ which requires uniform standards and benchmarks. However this has been negated by scholars like Barbary‚ who are of the opinion that though SWFs can be said to comprise of a distinct
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