NTPC (NATIONAL THERMAL POWER CORPORATION) INTRODUCTION: NTPC Limited is the largest thermal power generating company of India. A public sector company‚ it was incorporated in the year 1975 to accelerate power development in the country as a wholly owned company of the Government of India. At present‚ Government of India holds 89.5% of the total equity shares of the company and the balance 10.5 is held by FIIs. Domestic Banks‚ Public and others. Within a span of 31 years‚ NTPC has emerged as
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Home Daycares to Centers Choosing a daycare to send children can be a long and tedious process‚ but no matter where a parent sends their children for daycare‚ they should always make sure of what they want and do not want in a daycare provider. Parents need to decide if they want their kids to go to a smaller daycare‚ where there are different ages‚ and all in the same room‚ or separated‚ and with other children their own age. Prices are a contributing factor also‚ but do not let price sway the
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Memorandum To: Gwen Bunton‚ President From: Melissa McMillan‚ Operations Assistant Date: July 16‚ 2013 Subject: Proposal to Implement an Employer-Sponsored Child Care Program Thank you for taking the time to review my attached proposal on the benefits of implementing an employer-sponsored child care program. I am confident that this program can be very beneficial to Bank of Walterboro and all of its employees. As we have discussed over the past several weeks‚ employer-sponsored
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Production Budget: Learning Objective of the article: 1. Define and explain production budget. 2. Prepare a production budget. Definition and Explanation of Production Budget: Theproduction budgetis prepared after thesales budget. Theproduction budgetlists the number of units that must be produced during each budget period to meet sales needs and to provide for the desired ending inventory. Production needs can be determined as follows. | Budgeted sales in units-------------------
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Meaning and Need for Budget Everyone is familiar with the idea of a budget because it is essential in every walk of our life – national‚ domestic and business. A budget is prepared to have effective utilisation of funds and for the realisation of objectives as efficiently as possible. Budgeting is a powerful tool to the management for performing its functions (i.e.‚ formulating plans‚ coordinating activities and controlling operations etc.) efficiently. CIMA London defines budget as‚ “A plan quantified
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This is the most debated topic for years. As to weather the school should provide daycare centers for pregnant teens or not. Personally I agree for schools to open a daycare centers to these young teens who get pregnant. Many teens dropout of school because they can’t afford or have no means for daycare‚ this leads to them missing so many days of school taking care of their babies. They can’t handle the stress of school and a young baby so they choose to dropout. So do you think the school should
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Middlehurst House is a daycare center/preschool which operates as a partnership of George Friedman and Bill Compton. The center is in a city that has a large base of twoincome families who have a need for quality day care. The two men started the center this year. Compton contributed $40‚000 to get the business started—to purchase equipment and to operate through the early months. Friedman‚ who previously managed another center‚ is the director of the center and draws $2‚000 per month for his services
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Master Budget Master Budget Definition The master budget is the aggregation of all lower-level budgets produced by a company’s various functional areas‚ and also includes budgeted financial statements‚ a cash forecast‚ and a financing plan. The master budget is typically presented in either a monthly or quarterly format‚ and usually covers a company’s entire fiscal year. An explanatory text may be included with the master budget‚ which explains the company’s strategic direction‚ how the master
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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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