vertically upwards depending on the amount of tax. Because of this shift‚ less products will be supplied at every price. The diagram below shows the effect of imposing a tax and how the tax is being paid. There’re two types of indirect taxes‚ they are ‘Specific Taxes’ and ‘Ad Valorem’. Specific Tax is a fixed amount of tax that is imposed on a product. For example‚ if the government imposes a tax of $2 per loaf of bread‚ it will shift the supply curve vertically upwards by the amount of tax‚ which
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Can Taxes Substitute For Zakat? In the contemporary societies today‚ many questions concerning the tax and Zakat arise. Such questions need a discussion and analysis from the opinion of scholars. The question such as must a Muslim tax payers pay Zakat in addition to the taxes paid to the government? Or can taxes substitute Zakat in the first place? In order to answer those questions‚ we must always remember that there’s an essential features of Zakat‚ without it Zakat does not exist. The
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Budget variances have been recorded for Peyton Approved‚ which will show how well the company is running. To find variances a manager “will compare actual production costs to the standard costs” (Nobles et al.‚ 2014). The determined variances for Peyton Approved are cost variances and efficiency variances. A cost variance “measures how well the business keeps unit costs of material and labor inputs within standards” (Nobles et al.‚ 2014). To calculate cost variance‚ a manager would subtract actual
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Tax is a compulsory levy imposed by the government; critically appraise the challenges encountered by Nigeria government towards the optimal collection of the different taxes. What is Tax? Tax can be defined as a compulsory levy by government on goods‚ services‚ income and wealth. Primarily to obtain r evenue. In other word‚ it is levy or dues on the income of persons and companies. It provides definite source of revenue of person for government expenditure. It is the way by which government
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Classification of Taxes Classification of taxes 1. As to subject matter or object A. personal‚ poll or capitation- tax of a fixed amount on individuals residing within a specified territory‚ without regard to their property‚ occupation or business. Ex. Community tax (basic) B. property- imposed on property‚ real or personal‚ in proportion to its value‚ or in accordance with some reasonable method or apportionment. Ex. Real estate Tax C. Excise- imposed upon the performance of an act‚ the
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TABLE OF CONTENTS I. Title Page II. Introduction III. Abstract IV. Discussion V. Conclusion and Recommendation VI. Reference ABSTRACT When assessing lending proposals banks apply certain general principles of good lending‚ often referred to as the canons of lending. Although not all of the principles can be applied by corporate credit managers to requests for trade credit‚ most are generally applicable. They provide an excellent framework for assessing all credit
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Paul Levy: Taking Charge of the Beth Israel Deaconess Medical Center How would you describe the situation Levy inherited? The Beth Israel Hospital and Deaconess Hospital were consolidated and became Beth Israel Deaconess (BID) in 1996. BID operated under the Care Group Systems (CGS)‚ which was an affiliation of some Boston-area hospitals. The BID hospital system was in anarchy. There were significant operating losses‚ amounting to millions of dollars each year. BID management seemed incapable
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Charles Sturt University Subject Outline INF210 201230 W D-30 January 2012-Version 1 Page 1 of 15 INF210 - Collections Session 1 2012 Faculty of Education School of Information Studies Wagga Wagga Campus Distance Mode Subject Coordinator Robert Pymm Subject Overview Welcome to a new session of study at Charles Sturt University. This subject focuses on the provision of appropriate information resources for organisations and communities‚ with particular emphasis on the hardcopy and electronic
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Data collection is any process of preparing and collecting data‚ for example‚ as part of a process improvement or similar project. The purpose of data collection is to obtain information to keep on record‚ to make decisions about important issues‚ or to pass information on to others. Data are primarily collected to provide information regarding a specific topic. Data collection usually takes place early on in an improvement project‚ and is often formalized through a data collection plan which often
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//list of header files #include <windows.h> #include<stdio.h> //contains printf‚scanf etc #include<conio.h> //contains delay()‚getch()‚gotoxy()‚etc. #include <stdlib.h> #include<string.h> //contains strcmp()‚strcpy()‚strlen()‚etc #include<ctype.h> //contains toupper()‚ tolower()‚etc #include<dos.h> //contains _dos_getdate #include<time.h> //#include<bios
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