three or even five years. The basic process of planning a budget involves listing the business’s fixed and variable costs on a monthly basis and then deciding on an allocation of funds to reflect the business’s goals. Businesses often use special types of budgets to assess specific areas of operation. A cash flow budget‚ for instance‚ projects business’s cash inflows and outflows over a certain period of time. Its main use is to predict business’s ability to take in more cash than it pays out. The
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or when the right opportunities are presented. Some of the disadvantages of having a sole proprietorship are the simplicity of operating the business‚ ability to have complete control over business affairs‚ increased personal income‚ and simpler government regulations to follow. The disadvantages are the unlimited liability the owner has‚ the possibility of losing personal assets invested‚ and limited life (Fay‚ 1998). An entrepreneur must be willing to take risks when venturing out to start a new
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information to track financial change‚ tax strategy‚ and management benefits for people with heathcare. (http://www.careers-in-accounting.com/ac.htm) There are many different types of accountants. There are Audit accountants are people who check accounting ledgers and financial statements for many corporations and for the government. Budget analysis accountants are responsible for creating and having management of organizations financial plans. Financial accountants create financial statements based
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Bruce Stone‚ O.P. Dwivedi‚ and Joseph G. Jabbra list 8 types of accountability‚ namely: moral‚ administrative‚ political‚ managerial‚ market‚ legal/judicial‚ constituency relation‚ and professional.[13] Leadership accountability cross cuts many of these distinctions. [edit] Political accountability Political accountability is the accountability of the government‚ civil servants and politicians to the public and to legislative bodies such as congress or parliament. In a few cases‚ recall elections
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form of Government INDEX: 1) Parliamentary form of Government in the UK a) What is the Parliamentary form of Government? b) Essential features c) Advantages and Disadvantages of this type 2) Presidential form of Government in the USA d) What is the Presidential form of Government? e) Essential features f) Advantages and Disadvantages of this type 3) Comparison between the two types 4) Bibliography Parliamentary form of Government What
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Types of Business Organisation GCSE Business Studies tutor2u™ Revision Presentations 2004 Introduction A business is always owned by someone. This can just be one person‚ or thousands. So a business can have a number of different types of ownership depending on the aims and objectives of the owners. Most businesses aim to make profit for their owners. Profits may not be the major objective‚ but in order to survive a business will need make a profit in the long term. Some organisations however
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of two types Direct Tax and Indirect Tax. Direct Tax is the tax‚ which is paid directly by people to the government‚ while indirect tax is the tax‚ which is paid indirectly by people to the government. Income Tax is paid directly to the government therefore it is a direct tax while excise duty is paid by people to the manufacturer who pays it to the government‚ therefore it is an indirect tax. The Constitution of India (COI) has given power to levy tax to central and state government under
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Types of Constitution * Written and Unwritten Most constitutions are enacted or codified‚ either in a single document or series of documents. Many countries have followed the models of the US or French constitutions. The UK constitution is considered to be unwritten‚ despite key documents such as the Human Rights Act 1998 which could be viewed as constitutional documents there is no systematic code. The only other states not to have entirely written constitutions are New Zealand and Israel
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Types of Infrastructure Infrastructure is divided into two major classifications‚ "hard" and "soft". "Hard" is obviously the roads‚ bridges‚ etc. It also relates to the big physical networks essential for the functioning of a modern industrial nation Hard infrastructures refers to physical facilities or installations needed to operate‚ manage and monitor a system with the intention that the structures to be permanent whereas "soft" infrastructure is human capital and institutions that develop it
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Assignment 302 Task 3 Assessment Criteria 1.2 1.2 explain the characteristics of the different types of schools in relation to educational stages and school governance From the information in the session‚ fully describe the characteristics of each of the following types of schools in relation to educational stages and school governance : 1. Community Schools Run by LA’s who own both the land and buildings and are responsible for employing the staff. The LA decides
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