an organization over a specific period. Budgeting describes the overall process of preparing and using a budget. Since budgets are such valuable tools for planning and control of finances‚ budgeting affects nearly every type of organization from governments and large corporations to small businesses. A small business generally engages in budgeting to determine the most efficient and effective strategies for making money and expanding its asset base. Budgeting can help a company use its limited financial
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Finance Department; Output Based Budgeting Vision of Khyber Pakhtunkhwa Attainment of a secure‚ just and prosperous society through socioeconomic and human resource development‚ creation of equal opportunities‚ good governance and optimal utilization of resources in a sustainable manner. Budget Estimates For Service Delivery 2011-14 | Khyber Pakhtunkhwa 2 Finance Department; Output Based Budgeting The secretaries of these departments may be made responsible to brief the cabinet on
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future." Budgeting actually refers to the process that‚ after the strategic plan of the business has been made‚ companies made a short term plan (usually one year) to meet the strategic purpose. Traditional budgeting has offered a lot of contributions in so many years’ practice. But it seems it is more and more unsuitable for the modern business. In this paper‚ I will give a brief induction for traditional budgeting; and then discuss the strengths and weaknesses of the traditional budgeting; last I
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CAPITAL STRUCTURE DETERMINANTS THE CASE OF THE KENYAN BANKING INDUSTRY TABLE OF CONTENTS 1. INTRODUCTION Capital structure refers to the mix of debt and equity which a firm uses to finance its operations. Many theories have been formulated with regard to whether there exists an optimal capital structure mix and the role the various determinants of capital structure play in deciding the mix. The Modern theory of capital structure began with Modigliani and Miller in 1958 (Harris
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ROLE OF HUMAN CAPITAL IN ECONOMIC DEVELOPMENT: AN EMPIRICAL STUDY OF NIGERIAN CASE By Risikat Oladoyin S. Dauda‚ Ph.D Department of Economics University of Lagos Akoka‚ Lagos E-mail: rissydauda@yahoo.com rdauda@unilag.edu.ng ABSTRACT Although several theories of endogenous growth point towards a positive effect of human capital on growth‚ empirical evidence on this issue has been mixed. Despite various efforts of the successive Nigerian governments‚ virtually all indices of human
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EE Project Study (EEPD 5511) A Project Study Presented to the Faculty of the College of Engineering Manuel S. Enverga University Foundation In Partial Fulfillment of the Requirements For the degree Bachelor of Science in Electrical Engineering Expanded Tertiary Education Equivalency and Accreditation Program By: Fabilane‚ Rommer C. August 2014 Unit I Introduction Energy plays important role in achieving the desired economic growth. Energy was used for economic
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“Negosyo sa Kariton” (Nego-Kart) project is one of the DOLE’s Priority Projects for 2009-2010 in line with poverty alleviation program of President Gloria Macapagal Arroyo which is intended to provide decent livelihood mainly for the benefit of marginal workers in the country’s informal sector‚ specifically the ambulant workers in major cities of the country. A total of 596 nego-karts for ambulant vendors were initially distributed nationwide during the launching of the project in all regional offices of
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EconomicThis document has been made available on www.actuaries.org.uk with the permission of the Society of Actuaries‚ Schaumburg‚ Illinois. Copyright 2008. Specialty Guide on Economic Capital Version 1.5 March 2004 Specialty Guide on Economic Capital Section I. II. Page FOREWORD...................................................................................................................1 INTRODUCTION AND OVERVIEW .........................................................
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Case Project 4-1: Risk Management study Introduction One of the most valuable assets of my computer is its data. The data stores in my computer itself vary among of my personal details and my organization’s circumstances and economic status which were collected by me in the last few years. Without personal data‚ various documents and many paid software of my computer useless. Risk management audit data has accessed a computer or network which vulnerabilities and discovered to take measures to manage
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Executive Summary This case is my first engagement in a project when I was deployed at the ADITYA ALUMINUM‚ HINDALCO INDUSTRIES‚ Sambalpur. It is a state-of-the-art aluminum smelter employing the highly articulate AP-36 smelting technology. The smelter is built in Lapanga‚ Sambalpur & has a capacity of 0.72 MTPA. The project was employed in two phases with phase 1 successfully completed meeting all the requirements. Currently the phase 2 of the project is in progress. The project is running smoothly
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