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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Budget Deficit For many decades‚ there has been a concern for the deficit within the United States. Many politicians‚ authors‚ newscasters‚ and citizens have expressed their distress in order to resolve or control the issue. Keynesian economic theory states that running a budget deficit is okay‚ as long as the deficit is not exorbitantly large and is not carried for a long period of time. Even though many experts agree with this notion‚ having a deficit at all is important to the present and
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Budget Interpretation Budgets help to bring spending under control and lead the way for the development of plans that enable an organization to become or remain fiscally sound. For an organization to develop or maintain financial stability‚ it must understand the purpose of budgeting and how to apply the various budgeting techniques that will help promote and expand the business. Budgeting requires organizations to use financial projections to attract investors and secure grants or donations‚ which
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| Papa Geo’s (5 Year Budget Proposal) | | | 1.0 Executive Summary | Papa Geo’s is devoted to bringing top notch Italian cuisine at an affordable price that everyone can enjoy‚ because at Papa Geo’s you’re not just our guest you’re family. We offer a wondrous all-you-can-eat style buffet of the fines Italian cuisine. Unlike your typical sit-down buffets in the Orlando‚ Florida area; we ensure a unique experience with a combination of both exceptional foods as well as great
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BUDGET According to CIMA ‚ Official Terminology “A budget is a financial and /or quantitative prepared prior to a defined period of time ‚ of the policy to be pursued during that period for the purpose of attaining a given objective.” In the words of Crown and Howard ‚ “ A budget is a pre- determined statement of management policy during a given period which provides a standard for comparison with the results actually achieved.” BUDGETRY CONTROL Budgetary control is the process of determining
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INDIAN UNION BUDGET FOR THE YEARS 2007-2012 CONTENTS 1. Acknowledgement 2. Introduction about Budget 3. Budget Processing 4. Presentation and Analysis of Data 5. Conclusion ACKNOWLEDGEMENT I would like to thank The Almighty God for showering his blessings upon me. It is only due to his mercy that I was in good heath and was able to complete this project. Secondly I would like to thank my Business Economics teachers‚ Ms. Kavya and Ms. Anjana
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Definition of Budget It is an estimation of the revenue and expenses over a specified future period of time. It can help to create a system when someone wants to open a shop or start investments. A budget can be made for a person‚ family‚ group of people‚ business‚ government or anything else that makes and speaks money. It can also help to establish a planned level of expenditures and it can help to maintain a budget for a company either on an accrual or a cash basis. Structured planning can
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What is a budget? A budget is a forecast of revenue‚ expenditure and profit. Most budgets are revised annually. What does it achieve? There are two (often overlapping) reasons for producing a budget. One is to persuade potential investors that your company is a good bet. The other one is to plan your business finances – how much money do you have and how do you plan to use it? How much revenue do you need to generate to achieve your target profit? Is your business plan viable or does it need adjusting
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BUDGET MANAGEMENT ANALYSIS To have a basis in illustrating the analysis of variance or difference between budgeted and actual figures‚ the budget of a sampled (unknown) company was utilized (http://www.smallbusinessnotes.com/business-finances/budgeting-systems.html). | | | | | | | | |
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Memorandum To: Mr. Burns‚ Monty Burns and Company Accounting Firm From: CPA Date: October 1‚ 2012 Subject: Personal Budget‚ Balance Sheet and Cash Flow Statement When one examines financial success for an individual or business what are the attributes does one inspect? Would you look at the individual’s or businesses’ gross income? Perhaps one can examine the educational level of the individuals to determine their financial success? Or maybe it is the individual’s drive and risk appetite
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