ceasefire and instigated probing talks. When can this probably stop? Of course‚ the Government of the Republic of the Philippines is in charge of maintaining stability and protecting its sovereignty from rebellion and insurgence. Ending this disagreement can surely be considered a major political victory. The region of Mindanao is endowed with natural resources‚ for this reason the Philippine government cannot risk it due to the scarcity of the country’s resources. More importantly‚ Mindanao
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Public Financial Management (PFM) ordinarily covers the management of government revenue‚ expenditure and cash. Corruption defined as the diversion of public resources for private use can affect any of these operations‚ at the level of the national and sub-national administrations. This paper focuses on circumstances that are prone to corruptive practices in managing expenditure and cash at the national level. It does not discuss revenue. The outline of the paper is as follows: Sections I and II provide
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INJUSTICE IN NIGERIA Over the years and growing up in the dusty sahara threatened landscape of Kaduna {in mid Nigeria}‚ I have often lamented the fate of prisoners who are stripped of their freedom of movement for specific periods of time {and in some glaring cases of inhumanity of man.. for unspecified and unspecific periods}. My young and then innocent mind concluded that depriving prisoners of their freedom as it presently obtains carries along with it a collateral dehumanization of the prisoners
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The Abuse of Government Assistance is a Huge Problem The amount of people out there that abuse Government Assistance and welfare system is rapidly increasing. The goal of government assistance should be to help people attain a position in life where they no longer need assistance. There will always be select people that need assistance their entire lives. Mentally and physically challenged people fall into that category. Shouldn’t the majority of our government assistance go to people in that category
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1. What are the revenue streams for TechMall? The revenues streams for TechMall include the following: a. Setup Fee Revenue b. Statement Fee Revenue c. Transaction Fee Revenue 2. What drives each of the revenue streams? a. Merchant setups drives the Setup Fee Revenue (Setup Fee Revenue=Merchant setups*$750); b. System merchants drives the Statement Fee Revenue (Statement Fee Revenue=System Merchants*$50); c. Total transactions‚ and Transaction Dollars drives the Transaction Fee
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PRICE ELASTICITY OF DEMAND (PED) & REVENUE Price elasticity of demand (PED) is particularly important to businesses‚ because of its effect on their revenue (income). Consider the following examples: 1) Mrs Robinson wants to increase her business’s revenue‚ but can’t decide whether she should increase or lower her prices. She currently charges £1 per unit and sells 1‚000 units. She knows that the PED for her product is (-) 0.4. What will happen to sales‚ sales revenue and profit if she: a) raises the
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The issue of revenue recognition practices is an area that has received a lot of attention from regulators. Whenever there is a report of financial restatements or negative earnings‚ regulators pay extra attention to review the financial statements in order to verify that that there are not any indications of financial fraud or that the organization overstepped their boundaries in the area of managed earnings. The reason that regulators have taken a special interest in financial accounting and potential
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TEST OF CONTROLS – REVENUE TRANSACTIONS |Audit Objective |Audit procedure |Findings | |General | | | |Validity |Observe
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This generation is the iPhone generation‚ the Twitter generation‚ the Instagram generation‚ a generation focus around a single word – instant. What makes this generation so instant is its ability to adapt and excel in technology. Instant uploads‚ instant texts‚ instant responses. It is common knowledge that the majority of this generation has their own cell phone. It is common knowledge that the majority of this generation has access to Internet. How often does this generation look up from their
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Igbinedion University Okada Eighth Convocation Lecture By Sanusi Lamido Sanusi‚ CON Governor Central Bank of Nigeria GROWTH PROSPECTS FOR THE NIGERIAN ECONOMY Convocation Lecture delivered at the Igbinedion University Eighth Convocation Ceremony‚ Okada‚ Edo State‚ November 26‚ 2010 GROWTH PROSPECTS FOR THE NIGERIAN ECONOMY Sanusi Lamido Sanusi‚ CON Governor Central Bank of Nigeria 1.0 INTRODUCTION Nigeria’s economic aspirations have remained that of altering the structure of production
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