ACC 548 Week 6 Individual Assignment Comprehensive Annual Financial Report (UOP Course)

May 8th, 2015
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ACC 548 Week 6 Individual Assignment Comprehensive Annual Financial Report (UOP Course)

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Government Budgets1. Prepared officially bythe Revenue andmanagement office.2. Authenticated documents.3. Approved by the president of the United States.4. Liquidity management is specialized by thegovernment. Forprofit Budgets1. Various budgets used by private entities: Cashbudget, Operational budget, Capital budget.2. Future results and manager decisions arerelated to these budgets.3. This sector is shows interests to new initiatives.1. Capitalbudget is the backbone of a financialeconomics and to important to buy or make projectselection, investment and maintenance decisions.2. This is linked in the private sector withinfrastructure investments like equipment andplant.3. Capital budget is helpful while making decisions onbuying or making or investments in working and isuseful in long term choices.4. Operating budgets control management in theprivate sectors by motivating them. Non-discretionaryfiscal policies have agreat impact on governmental revenues. Various taxation laws should be honouredeven if they affect the present expenses. Revenues are affected in ways, by thegovernmental stabilizers, that areuncontrollable sometime. Discretionary fiscal policies are reactivein the sense of alteration an economy.Non-discretionary fiscal policies arefunctioning all the time.As recession keeps going on, the approach for a taxation progressmeans a lower revenues for the city as incomes fall too.2. With the appea

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