CHAPTER –I: INTRODUCTION 1.1.0 Background of the study: Banks play an important role in the business sector and promoting industrialization and economic development of a country. Banks provide necessary funds for executing various programs underway in the process of economic development. Basically‚ Bank collects deposit from the customers at lower rate of interest and lends it to the borrowers at higher rate of interest considering the cost of fund. The difference amount indicates the
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CASE STUDY “Same Accident but different Perception” The Police report read that bus number 011-1234 while on its route from Ambattur to Madras on April 16‚ 1986‚ had an accident some 30 miles from Poonamallee-an apparent collision against a banyan tree. When the policeman on beat arrived at the scene around 1.30 pm. He was unable to locate the driver. The passengers –some 35 on them were in state of panic. All of them had got down from the bus and many were
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Revenue allocation formulae: The current revenue allocation formulae is 52.68%‚ 26.72% and 20.60%.for the F.G‚ States and L.Gs respectively | FEDERAL GOVT. | STATE GOVT. | LOCAL GOVT. | | | | | |52.68% |26.72%
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The Old Testament ends with the Minor Prophets. These prophets provided insight on many issues the Jews were facing. All of the prophets had the same ideas of a warning of impending judgment because of the nations’ sinfulness‚ the coming judgment‚ a call for repentance‚ and a promise of future deliverance of God’s grace. Idolatry‚ social injustice and religious ritualism are three issues that the prophets emphasized on in their teachings and can be inspired in the minds and hearts of believers today
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such fiduciary. In case of two or more fiduciaries‚ the return shall be signed and verified by one of such fiduciaries. When and Where to File The return shall be filed on or before January 31 of the year following the calendar year in which the compensation payment and other income payments subjected to final withholding taxes were paid or accrued. The return shall be filed with the Revenue Collection Officer or duly authorized City/Municipal Treasurer of the Revenue District Office
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aware of at least the basics of financial plans which are revenue‚ cost and profit. These three things can make or break a company. Each of these things must be understood and considered before plans can be laid to create or better a company. Revenue is the amount a company receives (Marginal Revenue‚ 2009). If a company is in the business of sales‚ revenue is the amount of money the company receives per unit sold. Marginal revenue is the amount of money a company receives for the last unit
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Minors Rights Essay Throughout the United States’ history‚ the Supreme Court has decided many cases. Their job is to decide whether or not laws‚ or punishments given by lower courts‚ abide by the rules written in the United States Constitution. Their decisions are based upon precedents set by other court cases‚ or their opinions of what the Constitution means‚ if there is no precedent. On the topic of the rights of minors‚ the Supreme Court has justly protected these rights as shown in the cases
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Curves Assignment Help‚ Tutor Help Concepts of Revenue Total Average and Marginal Revenue The revenue of a firm jointly with its costs ascertains profits. Now let us discuss the concepts of revenue. The term revenue denotes to the receipts obtained by a firm from the scale of definite quantities of a commodity at various prices. The revenue concept relates to total revenue‚ average revenue and marginal revenue. 1. Total Revenue – It is the total sale proceeds of a firm by selling
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Revenue Recognition Policy (Note 2): A. Sale of goods Revenue Recognition According to the annual report ’s financial statement notes‚ CV Technologies (CVT) recognizes revenue when the title of goods is passed on to the customer‚ and when reasonable assurance exists regarding the measurement and collection of the consideration given. This means that once CVT ships its goods to their reliable customers‚ they will account for those goods as sold‚ and recognize the contract amount as revenue. This
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ACCOUNTING/291 Capital Expenditure vs Revenue Expenditure Carlos Flannigan XACC/291 Instructor: Tameka Johnson October2 ‚2014 Expenditures are unavoidable for any company to exist in the competitive market‚ to expand the business or to find new opportunities to open up beneficial business
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