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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 actions only apply to restricted Government Travel Card cardholders?
Restricted Government Travel Card cardholders are typically limited to specific travel-related expenses, such as transportation, lodging, and meals, incurred during official government travel. They must adhere to strict guidelines for authorized use, requiring pre-approval for certain expenditures. Additionally, these cardholders are often subject to increased scrutiny and reporting requirements to ensure compliance with government travel policies. Non-compliance can lead to disciplinary actions or revocation of the card.
What the system of government that requires that each branch of government must answer to the other branches?
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What is the process for increasing authorized shares for a company?
Increasing authorized shares for a company involves a formal process where the company's board of directors must approve the decision to increase the number of shares that the company is allowed to issue. This typically requires an amendment to the company's articles of incorporation, which must be filed with the appropriate government agency. Shareholders may also need to vote on the proposed increase in authorized shares.
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 does the federal budget consist of?
The federal budget consists of two main components: mandatory spending and discretionary spending. Mandatory spending includes expenditures required by law, such as Social Security, Medicare, and interest on the national debt. Discretionary spending, on the other hand, covers programs that must be authorized annually, such as defense, education, and transportation. The budget also outlines projected revenues, primarily from taxes, which fund these expenditures.
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.
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.
Does a certifyng officer must be a military member or a DoD civilian employee?
A certifying officer does not necessarily have to be a military member or a DoD civilian employee, but they typically must be appointed by an authorized official within the Department of Defense. This appointment allows them to certify the validity of expenditures and ensure compliance with applicable regulations. However, the specific requirements can vary based on the agency or the context of the certification.
