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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Healthcare Expenditures Summary Chris Jenkins Economics of Healthcare Instructor Kristie Racca South University Online Sunday April 7‚ 2013 National health expenditures have increased over the last 39 years. Out-of-pocket costs and third-party payments have increased significantly. From 1970-1980‚ out-of-pocket costs doubled and the total of health care expenditures nearly tripled. Also‚ out-of-pocket costs increased from 1980-2000
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Explain how you would perform the role of Haemon during his interaction with Creon‚ in order to reveal his changing attitude(s) towards his father. The character Haemon appears on stage just as his Creon has deemed Antigone to her death as a punishment for a crime of family loyalty. In performing the role of Haemon‚ I would come onto centre stage in a costume of traditional Greek military attire adorned with royal crest of arms to portray his princely supremacy as a Theban prince. Creon’s costume
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What is the importance of consumption expenditure in determining changes in the level of national income? In every macroeconomic question‚ there always exists its direction towards satisfying the macroeconomic objectives such as achieving long term economic growth and low unemployment levels (Hall and Lieberman‚ 2009). As consumption expenditure is the total spending by consumers on domestic goods and services‚ and national income is the value of all the goods and services provided in an economy
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Lord of the Flies- How would you characterize Ralph? Cite textual evidence to support your opinion of Ralph‚ please? Have you ever jotted down notes on a character that is important? If you have‚ that is great because you will get a better understanding of the book better. If you haven’t‚ you should start now. I’m reading Lord of the Flies and the protagonist of the story is Ralph. I would characterize Ralphy by naming his character traits and what he does that is significant. Read on to find
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A budget is a plan. Budgeting is generally formalized written documents. Budgeting is the process of developing a plan‚ implementing it and attempting to control outcomes so that they confirm to or exceed the result called for by the plan. Budgeting is an element of cost accounting‚ because mush of planning related to cost the organization expects to incur. 1.1 IMPORTANCE OF BUDGETS Budgeting is important process in organization. A budget process that works
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In numerous movies and stories you’ve seen‚ have you ever heard any of the characters say the cafeteria food has a rich‚ savory‚ and an appetizing look? Probably not. Cafeteria food lacks good quality and taste‚ and is probably one of the reasons why countless students don’t eat during lunch. Students always discuss what if they could change three things in their school’s lunch menu. They would probably have chocolate ice-cream‚ fried chicken or cake every day for lunch if they were given that option
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Expenditures and Revenues Matrix and Summary Monya L. Duncan AJS 522/Finance and Budgeting in Justice and Security November 25‚ 2013 Professor Michael Scott Expenditures and Revenues Matrix and Summary Introduction Lynch and Smith‚ 2004 state that‚ “A “budget” is a plan for the accomplishment of programs related to objectives and goals within a definite time period‚ including an estimate of resources required‚ together with an estimate of the resources available‚ usually compared with one
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Task 1 - How would you define criminology? I would define Criminology as a body of knowledge that focuses on behaviour that violates the criminal law and seeks an explanation for that given behaviour‚ aimed principally at clarifying the connection between crime and the personal characteristics of the offender and/or his environment with special reference to the origin of the offence itself. The Criminologists major role is to provide a general background in the causes of crime‚ which is in itself
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TRAINING NEED ANALYSIS Effective training or development depends on knowing what is required - for the individual‚ the department and the organisation as a whole. With limited budgets and the need for cost-effective solutions‚ all organisations need to ensure that the resources invested in training are targeted at areas where training and development is needed and a positive return on the investment is guaranteed. Effective TNA is
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