during the year.Taxable income is defined in the Tax Law to be the difference between a person’s assessable income and deductions (reduced by losses made in prior years). So it is a two-step process – looking first at what amounts fall into assessable income‚ and then looking at what amounts are deductions.These are the two critical concepts that we want to examine:1. Which receipts and other amounts form part of a person’s assessable income?2. Which payments and other amounts are allowed as deductions
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Introduction to budget A budget is a financial plan for business‚ prepared in advance. It is defined by cima as ‘a plan expressed in money’. Cash flow forecasting is the process of estimating cash inflows and cash outflows over a period of time‚ usually for a period of 1 year. Cash Budget is the process of estimating cash inflows and cash outflows over a period of time‚ usually prepared monthly. Cash flows is the amount of money flowing into and out of a business over a period of time. Cash inflows are
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Section B Q7. (a) When is Median a better method of Central Tendency than Arithmetic Mean? (5marks) (b) Write about the 5 precautions of using Secondary Data? (3 marks) (c) “You should be very careful while designing a questionnaire”. Elaborate on the statement (2 marks) Q8. (a) Write down any 5 methods of making a sample? Explain briefly any two methods? (5marks) (b) Two regression lines of a sample are X+6Y=6 and 3X+2Y=0 Find (I) The correlation coefficient (II) Mean of X and Y
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To run a business needs cash. Cash Budget is a record of cash transactions that comes in and out of the business for a specific period of time. This helps in assessing the entity’s financial health whether there are sufficient cash for operations or too much cash are used. It also serves as a purpose of decision making on what amount of money can be granted to a creditor to avoid any liquidity in the business. Cash budget only records strictly cash movements. For example‚ Depreciation is not
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view similarly shared by the Home Ministry.[4] The 11 December 2013 judgement of the Supreme Court‚ upholding Section 377 was met with support from religious leaders. The Daily News and Analysis called it "the univocal unity of religious leaders in expressing their homophobic attitude. Usually divisive and almost always seen tearing down each other’s religious beliefs‚ leaders across sections came forward in decrying homosexuality and expressing their solidarity with the judgment."[5] The article added
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The Ethics of Refusing a Caesarean Section April 2004 e -Cases in Ethics * In January of 2004‚ Melissa Ann Rowland—a young woman with a long history of mental illness—refused to undergo a Caesarean section that doctors said was necessary to protect the lives of her unborn twins. Doctors told her that low amniotic fluid and poor growth placed the twins in danger‚ but she refused the surgery until too late‚ reportedly on cosmetic grounds—she is alleged not to have wanted the resulting vertical
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Section 3.3 Solving Word Problems: Comparisons Copyright © 2013‚ 2010‚ 2006‚ 2003 Pearson Education‚ Inc. Example In a basketball game‚ the Vikings scored 12 points more than the Mustangs. A total of 78 points were scored. How many points were scored by each team? 1. Understand the problem. Let m = the number of points scored by the Mustangs. Let m + 12 = the number of points scored by the Vikings. 2. Write an equation. m + m + 12 = 78 Copyright © 2013‚ 2010‚ 2006‚ 2003 Pearson Education‚ Inc
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the annual financial reports of a company. “The Commission voted to adopt rule and form amendments to implement requirements of Section 404 of the Sarbanes-Oxley Act of 2002” (SEC‚ 2003). Section 404 is one of the hardest‚ most argued‚ and most expensive to actualize of all Sarbanes-Oxley Act (SOX) for compliance. There must be an Internal Control Report explaining what the managements job is‚ and a “satisfactory” internal control structure; there should also be a management description of the efficiency
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AN INTRODUCTION TO CONIC SECTIONS There exists a certain group of curves called Conic Sections that are conceptually kin in several astonishing ways. Each member of this group has a certain shape‚ and can be classified appropriately: as either a circle‚ an ellipse‚ a parabola‚ or a hyperbola. The term "Conic Section" can be applied to any one of these curves‚ and the study of one curve is not essential to the study of another. However‚ their correlation to each other is one of the more intriguing
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Section 2: Assignment: Reading Comprehension and Interpretation: Non-Fiction After the generation of our parents and grandparents‚ I believe that we’re both more and less moral than they were. As there were a lot of generations before us‚ there were many rules and regulations that they had to follow as children. It’s a totally different world today if you were to compare it with the way the world was back in the 70’s and 80’s. There are many reasons as to why we’re both more and less moral but
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