Budgets provide a means for planning the financial future and play a vital role for planning. Budgets simultaneously make managers construct and implement plans‚ contribute useful information for improved decision making‚ provide a standard to administer performance evaluation‚ and enhance organization and communication. An essential component of the budgeting system is control. Control periodically takes actual results and budgeted results and compares the two. It also allows for managers to
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RESOURCES BASE VIEW Financial resources: The 1998 financial report shows that SingTel‚ the largest telecommunications company in Singapore‚ has a huge reserve (cash and bank deposits) of S$4.44 billion. This is the company’s strength as not many companies have such large reserves. The debt-to-equity ratio1 in the last 3 years was also very low. In fact in 1997‚ it was just 0.05 as opposed to in 1998 and 1999 when it was merely 0.06. With such a huge reserve and low debt-to-equity ratio‚ SingTel
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The Arizona budget is currently meeting its objectives and obligations. The needs of residents within the State are meet accordingly. The Congress of the State for the past few years have kept a balanced budget. Moreover‚ the appropriations are distributed directly to the programs/services provided by Arizona. Legislators and the governor priorities in funding the expenditures of the state seem to be connected to the constituents of its districts. As an Arizona resident‚ the proposal for the
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* State of Connecticut * CAFR – Budget Analysis * Nondiscretionary Fiscal Policy Nondiscretionary fiscal policy is characterized by government policy that is enacted with the intension of either stimulating or stifling the economy to meet the economy’s needs. Present day fiscal policies are often a result of nondiscretionary fiscal policy enacted years ago and serve a present-day purpose of stabilizing the economy. For this reason‚ actions of nondiscretionary fiscal policy are often
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Economic Base Description The county has a successful agricultural and manufacturing base holding a top 10 ranking in the state for a number of agricultural categories. The Capital Region International Airport is also located in the southern tier of Clinton County. A Clinton County Economic Alliance has been formed to promote the region as a great place to live and do business. The Clinton County Economic Alliance is a partnership of government and private sector organizations in Clinton County
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I suppose my most crucial weakness in writing is that I have trouble writing non-fiction. many times I feel can’t be as creative in nonfiction as a result of everything has to be real. Another weakness I struggle with is restrictions in my writing creativity‚ repeating words‚ and following up on abrupt endings to chapters. When I write I write for myself‚ I prefer not to writing for other people. In my opinion‚ writing for other people isn’t writing assignments or schoolwork; I write those for
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Acids and Bases Shane Purpose- To study the relationship between pH and metabolism. 10/21/13 Materials- see attached Per. D Biology Procedure- see attached Data and Results- see attached Theory- PH stands for the power of hydrogen. People refer to the pH scale as a tool for finding out if a substance is acidic‚ basic‚ or neutral. This scale goes from zero to fourteen. The number seven is neutral. Any number higher than seven on this scale is basic. Any number lower is acidic
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High Costs for Cutting Education: Opposing the CSU Budget Cuts I. Introduction It is no secret that California’s state university system is facing cuts across the board as a result of tough economic times. Those who approve of these cuts have valid arguments but fail to look at the negative results from lowering funds for higher education. There will be an increase in people within the lower income earners as a result of these cuts. High school graduates with the potential to attend a university
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At first glance‚ the budget hotel sector1 looks promising over the long term. It offers a reliable value proposition: a clean‚ dependable‚ inexpensive place to stay for business people and tourists. These hotels offer better facilities than most one to two star hotels or guesthouses in many cities and districts where previously the economy hotel experience could best be described as uncomfortable –all at a similar price level. There is also the potential
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The Importance of Having a Budget Having a budget is not a choice but a necessity. It is important for everyone to have a budget in order to balance the amount of income with expenditure. Having a budget can help us plan our finances. With a financial plan‚ we will know where the money we have goes to. It is essential for us to be able to take control over our money and not have our money control us. Therefore‚ we must be able to decide how we should spend and save our money no matter how much
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