Spend down is an inefficient, wasteful, and very costly manner of managing limited Coast Guard resources. It gets even more complicated if the federal government is on a continuing resolution which is more the rule than the exception these days. But that’s an entirely different matter for which we as an organization have no control over anyway. 3. How spend down usually works is that the local comptroller’s office, in conjunction with the command will establish
It is impossible to determine a universal solution for budgeting problems since the budgeting process is influenced by many factors that differ among entities. The paper points out that in theory budgeting is a powerful tool. In practice, however, it is complicated to properly implement and maintain a budgeting system that adequately serves all needs. The previous section highlights two approaches that are used in practice, the “Activity-Based Budgeting Approach” and the “Beyond Budgeting Approach”. While the first approach’s aim is to improve the budgeting process, “Beyond Budgeting” advocates abandoning
However, these taxes must be uniform and equal throughout the U.S. The tax power is listed first because it was one of the biggest problems in the Articles of Confederation. Clause 2 Congress also has the power to borrow money by issuing bonds. It is okay for them to go into debt in order to pay for government programs and services. The U.S. is obliged to pay off those debts.
All in all the penny should not be printed anymore because they cost more to make then they have value, then they are a waste of time as in counting the, and finally reason is that pennies are losing the government money. A reason pennies should not be minted is because the penny costs more to make then it has total value. As stated in the text,” Because the penny costs more than a cent to produce, the Treasury loses more than $100
ISSUES What is the Workplace Action for a Growing Economy (“WAGE”) Act and why should Congress pass this legislation? BRIEF ANSWER Currently, the remedies available under the National Labor Relations Act (“NLRA”) are purely remedial, and do not adequately protect the rights of workers, and “[a]s a result, a culture of near impunity has taken shape in much of U.S. labor law . . . labor law enforcement often fails to deter unlawful conduct.
01- Fixed price contracts (Lump sum): In this method , the payment is not depend on time expanded or resources used. the contractor will be paid a fixed price. It is usually a competitive tendering process. Fixed price contract is opposed to a cost-plus contract, which is projected to cover the prices with extra profit made. The contractor will not receive an extra payment for accomplishing higher quality standards.
Paper especially is something that shouldn’t be taxed. Taxing someone like a writer or a journalist is awful. You’re basically making them pay taxes for something they love doing. I know if someone took something away from me that I love I would hate it forever. And how are the journalists supposed to make money as well.
Indeed, the government imposes price controls as it is not satisfied with the market price.A price ceiling creates a shortage when the legal price is below the market equilibrium price, but has no effect on the quantity supplied if the legal price is above the market equilibrium price. A price ceiling below the market equilibrium price creates a shortage that causes consumers to compete vigorously for the limited supply. Supply is limited because suppliers are not getting the prices that would allow them to earn a
Ethical issues involved No, it is unethical for the engineer to charge a fee substantially less than that recommended by the Association, even though most of the design work was already done for a previous client. In fact, engineer must realize his or her responsibility to the profession and fellow engineers and must all time apply the condition of a contract with equal fairness between the employer or client and the contractor. Moreover, engineer must not give or offer fee reduction for similar work to influence the award of a contract because the main purpose for setting a scale of fee for provision of professional engineering services is to defend the welfare of engineers by confirming that they are remunerated satisfactorily. Engineer should
The notion of scarcity is that there is never enough (of something) to satisfy all conceivable human wants, even at advanced states of human technology. Scarcity involves making a sacrifice—giving something up, or making a tradeoff—in order to obtain more of the scarce resource that is wanted. For example, although air is more important to us than gold, it is less scarce simply because the production cost of air is zero. Gold on the other hand has a high production cost. It has to be found and processed, both of which require a great deal of resources.
Especially since the surprise could come at the end of a job and once work has been completed. In a pay-if-paid clause contract, the subcontractor bears full risk of collection in the event of nonpayment by the owner (Enforcing Conditional Payment Clauses). In a properly drafted pay-if-paid clause, the clause will insulate a general contractor from payment liability to its subcontractor when and until the general contractor has received payment from the owner (“Pay-if-Paid”). In short, the general contractor down streams his risk of the owners nonpayment to the subcontractors making it very difficult for the subs to make claims in the case of owner
While Israel does already produce aircraft, most of that is normally small, military-purpose aircrafts. Many commercial planes come from other countries. Bombardier does have a history of loss, and there have been several reports of their prices being slightly too high, but there are also numerous reports about the new C-Series being a pickup for them, something that can bring them back up in the competitive market, and decrease their loses, maybe even give positive income. It is also beneficial that this specific model is a small aircraft, but one of the larger ones, which can carry more people on a small aircraft than usual, but still remain small enough for short flights. The aircraft market is also quite strong in most of the Middle East, and Israel is one of the strongest.