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Revenue allocation IN NIGERIA?
revenue allocation principle since independence
Which state in Nigeria collects the highest revenue allocation?
the state with the highest revenue allocation in Nigeria
Income tax allocation procedures are justified by what concept?
revenue recognnition
What is FGN's allocation in revenue sharing of Nigeria?
they don't give even the smallest dime
Who is a revenue manager?
A Revenue Manager in Travel and Tourism industries (Airlines, Hotel, Rent-a-Car...) is somebody who maximise the revenue through the optimisation of the allocation, in others words: the right price, and the right time, at the right quantity.
What are the ten principles of revenue allocation?
The ten principles of revenue allocation typically include fairness, efficiency, transparency, simplicity, predictability, sustainability, accountability, flexibility, equity, and alignment with policy goals. These principles aim to ensure that revenue distribution is just and equitable, promotes economic efficiency, and is easily understood by stakeholders. They also emphasize the importance of long-term sustainability and the need for the allocation process to adapt to changing circumstances while remaining accountable to the public. Ultimately, these principles guide the design of revenue-sharing frameworks to achieve desired social and economic outcomes.
What is the latest revenue allocation formula?
As of my last update in October 2023, the latest revenue allocation formula varies by context, such as federal or state levels, and can differ based on specific policies or agreements in place. Generally, it involves distributing revenues based on criteria like population, need, and economic activity. For precise and current details on specific revenue allocation formulas, especially in a particular jurisdiction, it's advisable to refer to government resources or recent legislative documents.
What has the author R A Carr-Hill written?
R. A. Carr-Hill has written: 'Method for future revenue allocation'
What is the disadvantage of stand alone revenue allocation method?
The disadvantage of the stand-alone revenue allocation method is that it may not accurately reflect the actual contribution of each product or service to overall revenue, especially in bundled offerings. This method can lead to distorted financial results, as it allocates revenue based solely on individual stand-alone prices without considering the interdependencies or value derived from the bundle. Additionally, it may not account for discounts or incentives that are typically applied at the bundle level, potentially misrepresenting profitability.
What is considered in efficient allocation of resources?
When the market rewards you: As a customer: with falling prices and increasing quality As a producer: with an increase in revenue, and customer volume
Does the journal entry for depreciation involve Cash account?
No, Depreciation is the process of allocation of fixed asset cost for it's useful revenue earning value to each fiscal year's income statement. So it does not affect cash.
What are the weaknesses of the first republic of Nigeria constitution?
the disproportionate power of the north in the federation and problems of revenue allocation were two significant problems of the 1963(first republic) constitution
