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What is the Difference between short and long term contract?
A short term contract is any contract that is started and completed within a fiscal year. A long-term contract is any contract that is started in a fiscal year and is completed in another fiscal year. For instance. If the taxpayer has a December 31 year end and a contract is started on December 24th and completed on January 3rd, this is deemed a long-term contract even though the duration of the contract was only 10 days.
When operating under Continuing resolution Authority government agencies may obligate funds?
Under Continuing Resolution Authority (CRA), government agencies are permitted to obligate funds at the previous fiscal year's level for a specified period until a new budget is enacted. This allows agencies to maintain essential services and operations without interruption. However, the funds must be used in accordance with the same terms and conditions as the prior fiscal year, and agencies cannot exceed the funding levels authorized in the prior year.
Why did Newt Gingrich make the contract with?
As a promise for fiscal reform in hov
Why did Newt Gingrich make a contract with America?
As a promise for morality in public office
Why did the new Gingrich make the contract with America?
As a promise for the Fiscal reform in government
A budget request that includes funding for a computer maintenance contract that runs from April of one fiscal year to March of the following fiscal year is most likely making use of this type of fundi?
The budget request for a computer maintenance contract that spans from April of one fiscal year to March of the following fiscal year is most likely utilizing a multi-year funding approach. This allows for the allocation of resources across fiscal years, ensuring that the necessary funds are available for the entire duration of the contract. This method helps in managing long-term obligations while adhering to budgetary constraints within each fiscal year.
What fiscal policy action would cause the economy to contract?
Policies that raise taxes tend to contract the economy. In addition, policies that cause the government to do less spending contract the economy.
An organization under contract to the government as well as some private plans to act as financial representatives is a?
fiscal agent
Why did the newt gingrich make the contract with America?
As a promise for morality in public office
What has the author H C Y Ho written?
H. C. Y. Ho has written: 'The fiscal system of Hong Kong' -- subject(s): Economic conditions, Fiscal policy, History
What has the author S S Kothari written?
S. S. Kothari has written: 'New fiscal and economic strategies for growth in developing countries' -- subject(s): Economic conditions, Fiscal policy 'Reform of fiscal and economic policies for growth in developing countries with special reference to India' -- subject(s): Economic policy, Public Finance, Fiscal policy
What does fiscal mean?
Fiscal usually relates to matters of financial stature. Fiscal could also relate to taxes and government issues. The use of the word fiscal can be combined in conjunction with fiscal cliff, fiscal year, fiscal deficit, fiscal policy and fiscal parish.
