meaning A budget (from old French bougette‚ purse) is a financial plan and a list of all planned expenses and revenues. It is a plan for saving‚ borrowing and spending.[1] A budget is an important concept in microeconomics‚ which uses a budget line to illustrate the trade-offs between two or more goods. In other terms‚ a budget is an organizational plan stated in monetary terms. In summary‚ the purpose of budgeting is to: 1. Provide a forecast of revenues and expenditures‚ that is‚ construct
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Budget Definition: An estimate of costs‚ revenues‚ and resources over a specified period‚ reflecting a reading of future financial conditions and goals. One of the most important administrative tools‚ a budget serves also as a (1) plan of action for achieving quantified objectives‚ (2) standard for measuring performance‚ and (3) device for coping with foreseeable adverse situation. What is a budget and why is it important? Simply put‚ a budget is an itemized summary of likely income and expenses
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by the public or a private company. Each side has very similar and different responsibilities that play a big part in law enforcement. Each area has their advantages and disadvantages as well. The first private police organization was started by Allen Pinkerton in 1855 known as Northwest Police Organization. Private security is basically run as contract services. Organizations and people contract private security for protection of personnel and property. Guard services‚ private investigators
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committed adultery‚ when her husband was away. In the beginning of the story‚ Hester Prynne does not reveal the name of the other sinner‚ but later it is revealed to be the minister‚ Arthur Dimmesdale. A theme Hawthorne uses in the story is public sin versus private sin and is given throughout the Hester and Dimmesdale have to face. Using that theme‚ Dimmesdale’s sin was harder for him to bear‚ because of how difficult he was on himself. When Hester goes on the scaffold she is covering for Dimmesdale
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Public versus Private Police Officers: Roles and Responsibilities Amanda Spearman CJA 500/Survey of Justice and Security Nicholas Russo‚ Ed.D./Univ. of Phoenix October 4‚ 2010 Public versus Private Police Officers: Roles and Responsibilities The roles and responsibilities of policing vary depending on whether the officer works in the public or private sector. While there are some similarities the differences are important and define each agency. Comparing public and private
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Capital budgeting is a step by step process that businesses use to determine the merits of an investment project. The decision of whether to accept or deny an investment project as part of a company’s growth initiatives‚ involves determining the investment rate of return that such a project will generate. However‚ what rate of return is deemed acceptable or unacceptable is influenced by other factors that are specific to the company as well as the project. For example‚ a social or charitable project
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Educational Preparation Grand Canyon University Professional Dynamics NRS-430V-0102 Educational Preparation Life is the largest ongoing educational facility in the world‚ and attendance is mandatory for all living breathing individuals. Nothing prepares an individual for life or its many lessons‚ as the old saying goes‚ “You live and you learn.” While we are all students daily in life’s university‚ we have many areas of individuality to grow‚ achieve‚ and seek knowledge. One aspect of individuality
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The Union Budget was released yesterday. Here are the highlights. * Tax slab on personal income remains unchanged * Income tax exemption limit raised by Rs 50‚000 to Rs 2.5 lakh and for senior citizens to Rs 3 lakh * Exemption limit for investment in financial instruments under 80C raised to Rs 1.5 lakh from Rs 1 lakh. * Investment limit in PPF raised to Rs 1.5 lakh from Rs 1 lakh * Deduction limit on interest on loan for self-occupied house raised to Rs 2 lakh from Rs 1.5 lakh. * Kisan Vikas Patra
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Differential Factors Between Private Companies and Public Companies Generally speaking Financial Accounting Standard Board (FASB)’s primary purpose is to develop General Accepted Accounting Principles (GAAP). GAAP might not concern the whole areas of accounting criteria‚ FASB look up and adjust accounting standard to make sure standards have been updated to follow current situation. On July 31‚ 2012‚ FASB issued an Invitation to Comment‚ which reviewed key areas of the Private Company Decision-Making
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portion of the library budget is allocated to academic departments and programs for selection of library materials. A representative from each department works with a Division Librarian in submitting requests from other members of the department. Other funds such as those for periodicals‚ reference materials‚ continuations‚ and serials are not specifically allocated to departments. GENERAL ACQUISITIONS GUIDELINES A. Orders for more than one copy Space and budget limitations necessitate
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