Revenue allocation

Revenue means income. Allocation means to divide. Revenue allocation is defined as the division of available resources within an organisation or company. At a broader level, it is the process of assigning a cost to the amount of services and products generated. Government revenue is obtained from taxes, licenses and fees and allocated to public […]

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Accounting fraud and earnings management

In the present complex business environment the managers of the companies work always with the twin objectives of profit maximization and cost minimization.

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Allocation of Scarce Resources

The human body is such that when some of the organs in the body fail, life of a person ceases be, it stops. There are however some organs like the kidney which can be replaced to give the ill person a second chance to life. These organs however are scarce as they are sources from […]

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