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What is Harold somer's principle of government expenditures?
Developed by Harold Sommers and is guided by these four principles he had suggested in the field of government expenditure to wit: 1.PRINCIPLE OF MININUM EXPENDITURE- Government must only spend the minimum least it cost,that is in consistent in protecting the welfare of its citizens or people. 2.PRINCIPLE OF MINIMUM INTERFERENCE WITH PRIVATE ENTERPRISE- government spending should have a little interference with private entities, it should not compete with business entities. 3. PRINCIPLE ODF MAXIMUM EMPLOYMENT- Government expenditures its primary purpose is to raise the employment level to a higher level as possible. 4.PRINCIPLE OF MAXIMUM ADVANTAGE-in government spending maximum advantage each expenditures spend should result to a marginal social responsibility advantage
In which of these government must local government follow the direction of the central government?
Federalism is the form of government in which local governments must follow the direction of the central government.
What must guarantee each state a republican form of government?
It is Article Four, Section 4, Clause 1 of the United States Constitution that specifies states must have a republican form of government. Article Four contains four sections in total.
Who must be represented for an efficiently operated government?
All the people must be represented for a government to be operated efficiently.
What does written plan of government mean?
A country must have a written plan of government to keep order. People must know the laws and hierarchy of government officials.
How do you calculate government expenditures?
calculate the amount "government expenditure" must change, if the MPS is .25
How many initials or signature must any written action or decision contain For expenditures processing of documents except otherwise provided by law or regulation?
Any written action or decision for processing expenditures must contain the initials or signature of at least one authorized individual, unless specified differently by law or regulations.
What are the difference between revenue expenditures and capital expenditures?
it must increase the value of the assets in must increase the capacity it must shown in the balance sheet must be depreciated amount must be comparatively huge
What is Harold somer's principle of government expenditures?
Developed by Harold Sommers and is guided by these four principles he had suggested in the field of government expenditure to wit: 1.PRINCIPLE OF MININUM EXPENDITURE- Government must only spend the minimum least it cost,that is in consistent in protecting the welfare of its citizens or people. 2.PRINCIPLE OF MINIMUM INTERFERENCE WITH PRIVATE ENTERPRISE- government spending should have a little interference with private entities, it should not compete with business entities. 3. PRINCIPLE ODF MAXIMUM EMPLOYMENT- Government expenditures its primary purpose is to raise the employment level to a higher level as possible. 4.PRINCIPLE OF MAXIMUM ADVANTAGE-in government spending maximum advantage each expenditures spend should result to a marginal social responsibility advantage
What the system of government that requires that each branch of government must answer to the other branches?
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How does US exports and imports each affect domestic production?
The United States'exports are as much a part of the nation's production as are the expenditures of its own consumers on goods and services made in the United States. Therefore, the United States’ exports must be counted as part of GDP. On the other hand, imports, being produced in foreign countries, are part of those countries' GDPs. When Americans buy imports, these expenditures must be subtracted from the United States'GDP, for these expenditures are not made on the United States' production.
What are some of the expenditures that the city of New York has?
New York City is a city of wealth and a large population. It's the largest city in the US. NYC has daily, weekly, monthly and yearly expenses it must pay. These expenditures need to be kept on time or the city will lose its credit rating. Typical expenditures are for city worker salaries, maintenance expenditures and law enforcement expenditures. Cars and other capital equipment costs require payments. The city also has social expenditures such as housing for the poor and welfare expenditures.
What type of reform must a country needing financial assistance from the IMF agree to?
Reforms such as tighter fiscal and monetary policies, good government control of expenditures, elimination of corruption, and provision for greater disclosure are required.
How do can someone get a certificate of good standing in California?
To get a certificate of good standing in California one must go threw proper channels. Like an authorized government official. You must put in a written request and be in good standing.
A DHCP service must be authorized?
The service needs to be running, and the scope needs to be authorized before addresses may be given out.
What must occur in order for an entrepreneur to earn a profit?
The amount of revenue the entrepreneur earns must exceed expenditures......enjoy Study island people
What does a republican do?
A republican means each state must always have a government elected by the people and not a monarchy
