Q.1 : Explain the meaning‚ importance and objectives of public expenditure. Ans. MEANING OF PUBLIC EXPENDITURE:- Public Expenditure refers to Government Expenditure. It is incurred by Central and State Governments. The Public Expenditure is incurred on various activities for the welfare of the people and also for the economic development‚ especially in developing countries. In other words The Expenditure incurred by Public authorities like Central‚ State and local governments to satisfy the collective
Premium Public good Public finance Economics
What is income? Income is the amount that is received in a given period of time. It is a flow of funds. How is income distributed in Australia? According to the ABS - in 1999-2000‚ the richest 20% of income units received 48.5% per cent of total income. The poorest 20% of income units received less than 4% of total income. Note: Income units are made up of one person or a group of related persons within a household‚ whose incomes are assumed to be shared. What are the main sources
Premium Economic inequality Tax Income tax
Expenditures and Revenues Matrix August 5‚ 2013 AJS 522 Importance of Informed financial decisions There are three different levels of the government who assesses the budgets on a federal‚ local‚ and state budget. The government’s finance team goes over the budget and decides how to distribute the funds. It is very important when distributing money from the tax payers funds. The tax payers money has to be used correctly or when reelection comes around the tax payers may not reelect
Premium Corporate tax Value added tax Tax
The main taxes in the UK‚ USA and Australia will be explained. Countries use the taxes they receive in different ways. Aims and targets of most countries vary‚ as does the amount of tax generated. Due to this‚ expenditure is prioritised and spent accordingly. Government expenditure will therefore also be discussed. The UK Tax system In the UK taxes are collected for a variety of reasons. A wide variety of methods are used to raise the different taxes. The UK government uses taxes to manage
Premium Tax Taxation
poverty Definition: Condition where people’s basic needs for food‚ clothing‚ and shelter are not being met. According to World Bank: Poverty is pronounced deprivation in well-being‚ and comprises many dimensions. It includes low incomes and the inability to acquire the basic goods and services necessary for survival with dignity. Poverty also encompasses low levels of health and education‚ poor access to clean water and sanitation‚ inadequate physical security‚ lack of voice‚ and insufficient
Premium Poverty
something for my baby You don’t know how incredibly happy you make me. I have fallen head over heels for you. you are everything I could possibly want and more. Words can’t even begin to explain the way you make me feel‚ you are my other half. you are what I think about every night before I go to sleep‚ and the first thing on my mind when I wake up in the morning. I get the most amazing feeling every time I’m talking to you‚ and you take my breath away every moment we’re talking. They say there’s
Premium 2006 singles Billboard Hot Country Songs number-one singles 2004 singles
Business and Accountancy Unit 3: Organisations and Behaviour Edexcel BTEC Level 5 HND Business and Accountancy Unit 3 Assignment: Organisations and Behaviour Useful Websites: www.managementhelp.org www.mindtools.com www.businesslink.gov.uk www.12manage.com www.businessballs.com Section 1 Understanding the relationship between organisational structure and culture You will need to: compare and contrast different organisational structures and culture Here you need to briefly describe the different
Premium Management Motivation Organization
The International Journal of Flexible Manufacturing Systems‚ 16‚ 11–44‚ 2004 c 2004 Kluwer Academic Publishers. Manufactured in The Netherlands. Time-Based Competition in Multistage Manufacturing: Stream-of-Variation Analysis (SOVA) Methodology—Review D. CEGLAREK darek@engr.wisc.edu W. HUANG huang@cae.wisc.edu S. ZHOU szhou@engr.wisc.edu Department of Industrial Engineering‚ University of Wisconsin-Madison‚ Madison‚ WI 53706-1572‚ USA Y. DING YuDing@iemail.tamu.edu Department of Industrial Engineering
Premium Manufacturing Assembly line
Show up to class and show class! Class can be shown in the way you dress. Dressing for success does a lot of things to improve you. Just by dressing nicely can change your whole day. For some reason‚ people trust you more when you look the part. Dressing for success can improve your confidence‚ you get more respect than having your pants sagging down at your knees‚ and people can see you probably know what you are doing. Dressing for success can improve your confidence by you thinking you
Premium Psychology Emotion Personal life