Explain the difference between social insurance and cash relief welfare programs and give one example of each one. Social insurance and cash relief welfare programs are important parts of our nation’s system of benefits and programs that help maintain our society. Social insurance is a safety net for everyone that is part of the society; we have this program because of the taxes we pay, it is government guaranteed. It is similar to private sector insurance because they only provide for us when…
characteristics determine corporate cash holdings decisions. Thus, the corporate cash holding determinants have since been a subject of explanation in the framework of: the trade-off theory, financial hierarchy theory and free cash flow theory. 2.1.1 Trade-Off Theory The literature on trade-off model about cash explicitly applied to companies is usually traced back to Tobin (1956), and Miller and Orr (1966). According to the trade-off theory, firms set their optimal cash levels by comparing…
initiative success is refueling a debate over whether cash bonuses can coax improved performance from teachers and students.’’ Many may argue that cash incentives does work on students,some may say it is just about the students mind set. I do believe receiving cash incentives motivates kids to succeed and study harder in school. A survey was conducted in South High Community according to “Incentives for advanced let pupils and Teachers cash in.” It stated that “Mr Nystrom teaches Ap…
C6-1 Explain the concept of cash management and cash controls. It is important for companies to stress the importance of cash management and cash controls for their businesses to be successful by effectively managing its cash to meet the needs of all the obligations while making an acceptable return on any surplus cash. Having separation of employee duties is a good way in which companies can reduce theft, waste and loss to the business by having internal control over cash processes. Dual…
transactions. Integrating the new system will reduce the risk of errors in the tracking of sales and inventory levels recorded by the system. This will also improve the completeness and accuracy of the financial statements. 2. Replacement and Review of Cash Register Cameras The Athens, Oh Wendy’s location currently has cameras in place that should record both the cashiers and the customers at the counter. However, the cameras do not work. Crew members are not told that these cameras do not…
is cash and cash flow? Cash is money in a form of coin, currency, and funds on deposit with a bank, checks and money order, although, it does not include post-dated checks, IOU, postage stamp, travel advances and certificates of deposit. It can be referred to as money in the current account or accessible. It is the oxygen that helps a company to survive, prosper and the primary indicator of business health, while cash flow is the inflow such as sales income, interest, loan and outflow of cash…
Ethical Dilemma and Cash Shortages This memo is in response to your concerns regarding Software Technology Associates of Raleigh’s financial situation. The purpose of this memo is to address the ethical dilemma as well as the issue of cash flow of Software Technology Associates of Raleigh presented by you, Jessica Newman. In this memo, I will discuss lean production and how implementing this process can solve STAR’s cash shortages; this implementation would increase cash flow, which in turn,…
Budgeting is a key managerial accounting aspect that helps managers to properly allocate their cash and stay within the spending limits. The budget is generally made for the whole year and later the actual spending is compared to the budget made. As the dairy prices are not stable at this point in the market, Fonterra should focus on making their…
Religious freedom and, cash cropping provided the basis for the establishment of the English colonies. These two motives are both distinctly American, exemplified by how the ideas of liberty and capitalism are so deeply rooted in American life today. However, American society, even in pre-revolutionary times, became so rich and diverse that the English and the English had begun to overlook the original intent for their formation. The colonies found their own purposes separate from those…
Would you Do This Deal? PimerMed Products, Inc. Ben Carlile 4-17-16 Welcome back. Last week we presented an opportunity to finance $6MM in production equipment for a medical device manufacturer. We are reviewing the transaction from the perspective of an equipment finance firm (ABC) that was recently acquired by a local bank (FCB). More information here: ________________ Below are simplified highlights of our decision-making process: First, in checking our Risk Appetite Statements, we…