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A Budget being the planning of how to spend revenues and incoming capitals so this makes is necessary to make sure that it is done with extra care. Budgets and the methods of preparing a good one has been a problem to most organization both private and government, the implementation of a faulty budget has brought man companies to a close door point were all operations are stopped. Therefore budget design needs to be accurate and able t […]
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5,936 Words
It is a well-established fact, that proper financial management and adequate planning is the bedrock of every successful organization. Reports generated from the accounts are among the major tools used by the management of any establishment for policy formulation, major decisions taking etc. Account is the statement of money paid out or to be paid out by an organization, and the ones received or to be received. Due to the trend toward […]
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The problem which always emanate from inadequate personnel information maintenance and management has been a torn in the flesh of the entire Nigerian society, Enugu state precisely. In other to proffer solution to the existing problems, the project work researched into the modus operandi of personnel database management system of Enugu state. In the process of analysis of the existing system were detected, carefully analyzed and possib […]
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INTRODUCTION The essence of budgeting is to provide an essential element of control in an organization in order to facilitate the achievement of set objectives .The control process is the fundamental organization link between the manager and the other people in an organization in a non profit making organization output various with the objective with which they were established. The objective of public organization could be social and […]
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INTRODUCTION HISTORY OVERVIEW: The use of budget in government long preceded its application in business or the business sector. In the stable economic environment of the period before world war, few large companies in U.S.A and U.K used budgets. The result of the use of budget conflicted, some pioneer companies reported it was a significant tool to management but reported it has an ill or even a negative effect on efficiency and produ […]
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INTRODUCTION 1.1 Background of study Union Bank of Nigeria plc is one of the first generation banks started to the colonial era. Formally known as Baraclays bank DCO (Dominion Colonial and Overseas) it was opened in1917. In compliance with the directive of the government in 1968, that all companies (Including Banks) must be incorporated locally in Nigeria in1969 and its name was consequently changed to Baraclays Banks of Nigeria Limite […]
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INTRODUCTION 1.1 BACK GROUND OF THE STUDY In modern economies, prices are generally expressed in units of some form of currency. Although, prices could be quoted as quantities of other goods and services (BARTER SYSTEM). Prices are sometimes quoted in terms of vouchers such as trading stamps. Price sometimes refers to the quantity of payment requested by a seller of goods or services rather than the actual payment amount. One of the m […]