Budget Definition: An estimate of costs‚ revenues‚ and resources over a specified period‚ reflecting a reading of future financial conditions and goals. One of the most important administrative tools‚ a budget serves also as a (1) plan of action for achieving quantified objectives‚ (2) standard for measuring performance‚ and (3) device for coping with foreseeable adverse situation. What is a budget and why is it important? Simply put‚ a budget is an itemized summary of likely income and expenses
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Task 1 1.1 There are many legislations that as a childminder I must adhere to. Some include: • Childcare Act 2006 The act introduces the Early Years Foundation Stage (EYFS) which is the statutory framework for all childcare providers of children from birth to 5 years. I will meet the requirements of this legislation by providing care that is relevant to the age and ability of a child and encouraging learning‚ development‚ and staying safe. I will record daily activities on a form to hand to
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a good relationship with the child’s parents or carers will enable the exchange of information to be easier and more relaxed and over time I will gain their trust and will make them feel confidant. This can in turn make the separation for the child from their parent to a new carer within the setting much easier and being able to share as much information as possible with the parents will enable to meet the child’s needs much more easily. The first impression is always the most important for setting
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meaning A budget (from old French bougette‚ purse) is a financial plan and a list of all planned expenses and revenues. It is a plan for saving‚ borrowing and spending.[1] A budget is an important concept in microeconomics‚ which uses a budget line to illustrate the trade-offs between two or more goods. In other terms‚ a budget is an organizational plan stated in monetary terms. In summary‚ the purpose of budgeting is to: 1. Provide a forecast of revenues and expenditures‚ that is‚ construct
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ARCHITECTURE The problems to estimate the cost of capital Before starting to describe the problems associated to the estimation of the cost of capital‚ it is extremely relevant to describe its meaning: according to Investopedia‚ it is “the cost of funds used for financing a business”. In order to carry out this process‚ the companies can only be financed through equity; only through debt; or using a “combination of debt and equity” - in this particular case it is a “overall cost of capital derived
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CYPOP 5 Task 1 Information sheet for Parents outlining the following A) Current legislation for home based childcare B) The Role of regulatory bodies I would like to let you know as Parents with some very important information regarding up to date home based childcare legislation and the registered bodies to ensure your children get the best care possible whilst in my care‚ I have done so in a simple question and answer format‚ please do ask me if you have further questions. Q WHAT CURRENT
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developing your child in line with the Early Years Foundation Stage (EYFS) which is aimed at children between the ages of 0-5 years old The Race Relations Act of 1976 which was amended in 2000 ensures that you child will be in an environment of equal opportunities. This is supported by the Equality Act of 2010 which provides clear legislation in order to protect people from discrimination such as race‚ gender or religious discimination Food Safety Regulations of 1995 promotes high standards of general
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the same abilities‚ children can also learn about these topics through play using ethnic dolls‚ puzzles‚ books‚ art and craft and cooking food from different cultures. Below is a table showing a some of activities that I would like to do with children in my care. The table shows the resources that I would need for the activity and what a child may gain from the activity. |Activity |Resource |Possible Learning
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Waterways Continuing Problem 1 Waterways Continuing Problem WCP1 Waterways Corporation is a private corporation formed for the purpose of providing the products and the services needed to irrigate farms‚ parks‚ commercial projects‚ and private homes. It has a centrally located factory in a U.S. city that manufactures the products it markets to retail outlets across the nation. It also maintains a division that provides installation and warranty servicing in six metropolitan areas. The mission
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Patton-Fuller Community Hospital Statement of Revenue and Expense 2009 to 2010 Operating Budget Complete the Operating Budget. Assume the 2009 projections were realized. Use the 2009 budget and the 2010 budget assumptions to calculate expenses and income for 2010. The revenues have been completed for you. 2009 (Proj) 2010 Budgeted % Change From 2009 Projection 2010 Budget 2010 Operating Budget Assumptions Revenue Based on these 2009 assumptions: a 3% overall deflation rate for
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