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4 days ago · Although the use of modified accrual accounting is limited to one type of fund (i.e., governmental funds) and then only to the fund-basis statements, this does not mean it is inconsequential. Recall that every general- purpose government will have (at least) a General Fund, which is commonly the largest fund when measured in terms of government ...
2 days ago · Among the most important of them is naturally the institution of representation itself, through which all major government decisions and policies are made by popularly elected officials, who are accountable to the electorate for their actions. Other important institutions include:
2 days ago · Democracy is a system of government in which laws, policies, leadership, and major undertakings of a state or other polity are directly or indirectly decided by the “people,” a group historically constituted by only a minority of the population (e.g., all free adult males in ancient Athens or all sufficiently propertied adult males in 19th ...
- Studies of contemporary nonliterate tribal societies and other evidence suggest that democracy, broadly speaking, was practiced within tribes of hu...
- States with democratic governments prevent rule by autocrats, guarantee fundamental individual rights, allow for a relatively high level of politic...
- The hallmark of democracy is that it permits citizens to participate in making laws and public policies by regularly choosing their leaders and by...
1 day ago · GAAP permits the use of all three of the most common methods for inventory accountability; the IFRS forbids the use of the LIFO method. IFRS requires that inventory is carried at the lower of cost ...
3 days ago · The choice of category requires identification of the relevant intersection of participants based on the time, place and issues under consideration (Phoenix, 2006b). The information on which this is based can be drawn from a bottom-up consultation as well as top-down strategic choices offered by interdisciplinary scholarship ( Warner, 2008 ).
1 day ago · Features of democracy oftentimes include freedom of assembly, association, personal property, freedom of religion and speech, citizenship, consent of the governed, voting rights, freedom from unwarranted governmental deprivation of the right to life and liberty, and minority rights. The notion of democracy has evolved considerably over time.
4 days ago · A fiscal year (FY) is a 52- or 53-week period that a company or government uses for budgeting and accounting purposes and as a schedule for its financial statements.
