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SBI mutual fund
The symbol for First Trust NASDAQ-100-Technology Sector Index Fund in NASDAQ is: QTEC.
As of July 2014, the market cap for First Trust NASDAQ-100-Technology Sector Index Fund (QTEC) is $237,159,081.08.
public sector management incl. fund, grant...
As of July 2014, the market cap for First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) is $93,265,048.15.
Public sector cash comes from the government (ie the tax-payer) Private sector fund come from donations (either by individuals or businesses)
Public sector accounting is Government accounting. They have a tradition of calling a General Ledger account code a Vote Code. It is usually Cash Accounting as distinct from Accrual Accounting. The Vote Book is the Cash Book. The Chart of Accounts is the Chart of Vote Codes. As an example, the GL account code structure may be Fund Code and Vote Code. The Fund Code is the bank account and may be "G" for General Fund. The Vote Code may be 2101 where the first character 2 is for expense (1 is for Income) and 2101 may be for PURCHASES- OFFICE. They are very concerned about Budgets and Actuals with Monthly reporting showing how Actuals are performing against Budgets. The objective is not profit and loss but spending the whole budget by the end of the budget year.
A beneficiary of a trust has the right to an accounting as a way to make certain the trust assets are not being wasted or mishandled by the trustee. A trustee does not have the right to operate in secret. A court can order an accounting.
The government pitched in resources and money to help fund the railroads. Also, the public sector helped in general.
Fund accounting is the accounting system emphasizing on accountability rather than profitability
Public sector accounting is Government accounting. They have a tradition of calling a General Ledger account code a Vote Code. It is usually Cash Accounting as distinct from Accrual Accounting. The Vote Book is the Cash Book. The Chart of Accounts is the Chart of Vote Codes. As an example, the GL account code structure may be Fund Code and Vote Code. The Fund Code is the bank account and may be "G" for General Fund. The Vote Code may be 2101 where the first character 2 is for expense (1 is for Income) and 2101 may be for PURCHASES- OFFICE. They are very concerned about Budgets and Actuals with Monthly reporting showing how Actuals are performing against Budgets. The objective is not profit and loss but spending the whole budget by the end of the budget year.
The symbol for First Trust Capital Strength ETF in NASDAQ is: FTCS.