7 (a) Explain the current and financial accounts in the balance of payments. Balance of Payment or also called as BOP is a statistical statement that systematically records of all economic transactions between one country and the rest of the world during a given period of time. For example‚ BOP shows the details of the total payments made by a country and also the total receipts by it. There are three major components that are summarized in the BOP which are Current account‚ Capital account and
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Balance of Payment Balance of Payment is the recording system of economic and financial flows that take place over a specified time period between residents and non-residents of a given country. The residents of a country compromise of the general government‚ individual‚ private and non- profitable bodies serving individuals and enterprises. The Balance of Payment will consist mainly with three sections. 1. Current Account- This shows all the inflows and outflows of a country. 2. Capital Account-
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CHAPTER ONE BACKGROUND OF THE STUDY The administration of staff incentives plan has now become a popular phenomenon of the total personnel policy of any organization. The plan involves these extra benefits which may not necessarily be money‚ which come from the kind relationship of the employer to the employees‚ to supplement their usual wages or salaries‚ from time and which are at most times geared purposely towards the enhancement of workers performance in the organization. This plan
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PAYMENT OF CUSTOM DUTY : e-PAYMENT PO INVOICE • • • • • BOE • • • INVOICE NO. • DATE DETAILS • PO NO. OF • IMPORTER IMPORTER’S NAME • IMPORTER’S DETAILS CHA • DETAILS OF THE ITEM VESSEL‚PORT • PRICE COUNTRY OF ORIGEN • OF NO OF BILL PAYMENT TERMS BILL OF LADING / LADING • PACKAGING DETAILS HAWB PACKAGING DETAILS INVOICE NO • ICEGATE stands for the Indian Customs Electronic Commerce/Electronic Data interchange (EC/EDI) Gateway. ICEGATE is a portal that provides e-filing services
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THE PAYMENT OF BONUS ACT‚ 1965 ACT NO. 21 OF 1965 [25th September‚ 1965.] 1*[An Act to provide for the payment of bonus to persons employed in certain establishments on the basis of profits or on the basis of production or productivity and for matters connected therewith.] BE it enacted by Parliament in the Sixteenth Year of the Republic of India as follows:-1. Short title extent and application. 1. Short title extent and application.- (1) This Act may be called the Payment of Bonus Act‚ 1965. (2)
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In the most basic sense‚ a payment is the exchange of money‚ or exchange items of value between parties. According to Wikipedia‚ a payment system on the other hand is regarded as a “system” because it employs methods to substitute physical money for items such as cheques and letters of credits. In recent years‚ the electronic information age has led to the development of a vast number of new electronic payment methods that include electronic banking cards‚ electronic fund transfer systems and
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In almost every paragraph‚ the author used “Poverty is…” to tell the readers what it is. However‚ the things she told us are mostly her personal experiences. So‚ this is too subjective. There are lots of definitions of poverty for every range of people. Therefore‚ I disagree with the author using this to tell the readers what poverty is by experiencing only what she had been through in her life. 2. You ask me what is poverty? Listen to me. Here I am‚ dirty‚ smelly‚ and with no "proper" underwear
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resources worldwide he could be facing serious problems. Management recognizes that the spirit of globalization is becoming more active every day. Not only do the clients have more international demands‚ but production facilities need to be set up in more and more countries. This morning a new logo was introduced to symbolize the worldwide image of the company. The next item on the agenda was a worldwide marketing plan. Mr. Smith‚ the CEO‚ saw a chance to bring forward what his MBA taught him to
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HEALTHCARE PAYMENT EXPECTATIONS Unit 1 Individual Project Tina Nguyen HLTH420 – Healthcare Finance November 7‚ 2012 Abstract This research paper will explain the payment expectations of government‚ commercial‚ and liability insurances‚ as well as self-pay/cash pay patients. An in depth explanation of how they differ‚ such as rules‚ will be made. This report will help readers understand the different types of programs in bill collecting‚ and account and project financial expectations.
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Medicare is a social program that was specifically designed with a set of objectives‚ it is a national program that seeks to provide a measure of health insurance/or coverage to those individuals that are aged sixty-five or over‚ those individuals that are entitled to Social Security disability payments for two years or more. Additionally‚ people with end-stage renal disease regardless of their income. The program has two distinct separate components‚ but they are coordinated: Hospital Insurance
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