Precis Assignment Example | Topics and Well Written Essays - 250 words

Precis - Assignment Example There as well is the need to describe women not in relation to what they are directly contributing to the global economy but also in other noncompetitive facets of social life. There is need to empower not only the women but the marginalized as well as have them participate in political social and economic spheres for sustainable acceleration of social and economic development (Griffin, 102).Exposing women and the poor to opportunities such as affordable funds and having policies that intervenes on their behalf not only liberalizes them but as well offers them a competitive edge and a level entrance in the global market. However gender inequality should not only lean towards the women but toward any gender group that is disadvantaged (Griffin, 99). Socializing and exposing in equal gender either male or female to the competitive economy would give them a better chance in the global political economy. Giving priority to women and less privileged and having strategies of empowering the group by the policy makers would yield tangible and measurable results in the global economy development as they play a great role. For the global economy to grow drastically the issue of gender inequality must be eradicated completely in our

Financial Accounting Concepts Essay Example | Topics and Well Written Essays - 500 words - 6

Financial Accounting Concepts - Essay Example The advantages is that the more concerned managers are involved, the better the chances are of the budget being very much realistic in approach. These budgets are generally made at all levels but individually, rather than collectively. For instance, a salesman keeps a self imposed budget of, e.g. 5 units to be sold in a day.†¢Ã‚  Base Year Budget: It is the type of budgeting in which the previous year or any year for that matter is considered a standard, against which the expected (/wanted) performance is added to have a forecasted budget for the coming term. For example, considering 2006 as a base year, with all revenues and expenses expected to rise by 10%; the said percentage is multiplied across the board to attain the coming year budget or forecast.†¢Ã‚  Zero Based Budget: It is a derived form of the base year budget in which no base year is considered and the concerned manager is expected to justify each and every expense that he/she has stated in the forecast/budget. These are difficult to make, require extensive efforts and data gathering, since there is no base, the budget has to be prepared fro scratch.The users of budgets use these for different purposes; e.g. accountants use the information to check with variance for future better forecast, the heads check the contribution and performance of individual employees, the management checks the department working and profitability, while the owners view the over all big picture to visualize individual contributions and achievements.