Asked By: Joshua Gray Date: created: Mar 22 2021

What is financial federalism

Answered By: Cameron Powell Date: created: Mar 23 2021

Fiscal federalism, financial relations between units of governments in a federal government system.

It is part of the broader public finance discipline.

Two things can be made out of the constitutional assignment between the centre and states..

Asked By: Miguel Barnes Date: created: Sep 14 2021

What is the definition of a revenue

Answered By: Oliver Nelson Date: created: Sep 14 2021

The basic revenue definition is the total amount of money brought in by a company’s operations, measured over a set amount of time. A business’s revenue is its gross income before subtracting any expenses. Profits and total earnings define revenue—it is the financial gain through sales and/or services rendered.

Asked By: Luke Johnson Date: created: Sep 01 2021

What are the three primary methods for cost allocation

Answered By: Owen Smith Date: created: Sep 03 2021

There are three methods commonly used to allocate support costs: (1) the direct method; (2) the sequential (or step) method; and (3) the reciprocal method.

Asked By: Leonars Jones Date: created: Nov 25 2021

What is an example of revenue sharing

Answered By: Jayden King Date: created: Nov 26 2021

For example, revenue sharing is also used in reference to the Employee Retirement Income Security Act (ERISA) budget accounts between 401(k) providers and mutual funds. ERISA establishes standards and implements rules for fiduciaries–or investment companies–to follow in an effort to prevent misusing plan assets.

Asked By: Albert Gray Date: created: Jun 30 2021

What are the three main sources of funds for the US federal government

Answered By: Colin Reed Date: created: Jun 30 2021

The three main sources of federal tax revenue are individual income taxes, payroll taxes, and corporate income taxes; other sources include excise taxes, the estate tax, and other taxes and fees (see chart).

Asked By: Cameron Martin Date: created: Jan 24 2022

What is revenue allocation formula in Nigeria

Answered By: Ryan Cook Date: created: Jan 25 2022

Under the current revenue sharing formula, the federal government takes 52.68 percent, the states 26.72 percent and the local governments, 20.60 percent with 13 percent derivation revenue going to the oil producing states.

Asked By: Gavin Hughes Date: created: Nov 12 2021

How does the federal government share revenue

Answered By: Joseph Miller Date: created: Nov 12 2021

Federal, state, and local governments depend on different sources of revenue to finance their annual expenditures. … For the federal government, 47 percent of 2013 revenue came from individual income taxes and 34 percent from payroll taxes, which combine Social Security tax and Medicare tax.

Asked By: Samuel Davis Date: created: Feb 14 2022

What is revenue allocation problem

Answered By: Simon Mitchell Date: created: Feb 14 2022

This research work identified “The problems of revenue allocation in the local government” the information of the research revealed to the researcher that many factors are responsible to the problems of revenue allocation in local government e.g. Diversion, poor planning committee, population, political instability and …

Asked By: Isaiah Rodriguez Date: created: Dec 04 2021

How does federalism contribute to democracy

Answered By: Evan Cox Date: created: Dec 07 2021

Federalism contributes to democracy by creating more opportunities for participation in politics and more access to government because of the multiple levels of government. … I think that federalism makes government more democratic because of the amount of access to government it provides people with.

Asked By: Timothy Roberts Date: created: Apr 24 2021

What is vertical revenue allocation

Answered By: Christopher Clark Date: created: Apr 24 2021

A number of changes had occurred with respect to who has the right to revenues. … This revenue sharing is in the form of vertical allocation (i.e., along the federal, states, and the local governments) and horizontal allocation (i.e., within states or local governments).

Asked By: Alex Griffin Date: created: Nov 15 2021

What are the 5 major sources of revenue for the government

Answered By: Alex Ramirez Date: created: Nov 17 2021

The rest comes from a mix of sources.TOTAL REVENUES. … INDIVIDUAL INCOME TAX. … CORPORATE INCOME TAX. … SOCIAL INSURANCE (PAYROLL) TAXES. … FEDERAL EXCISE TAXES. … OTHER REVENUES. … SHARES OF TOTAL REVENUE. … Updated May 2020.

Asked By: Carlos Hughes Date: created: Mar 05 2021

What is the allocation amount

Answered By: Oliver Allen Date: created: Mar 06 2021

An allocation rate is a percentage of an investor’s cash or capital outlay that goes toward a final investment. The allocation rate most often refers to the amount of capital invested in a product net of any fees that may be incurred through the investment transaction.

Asked By: Joseph Green Date: created: Feb 05 2022

What is revenue allocation formula

Answered By: Blake Rodriguez Date: created: Feb 07 2022

PIi= Revenue allocated to a county on the basis of Poverty Factor. … LAi= Revenue allocated to a county on the basis of Land Area Factor. FEi= Revenue allocated to a given county on the basis of Fiscal Effort. DFi= Revenue allocated to a given county on the basis of Development Factor.

Asked By: Blake Phillips Date: created: Aug 27 2021

How and why has federalism contributed to the growth of the national government

Answered By: Joshua Howard Date: created: Aug 30 2021

How and why has federalism contributed to the growth of the national government? Because Federalism means the movement away from state powers and towards one, central government, Federalism has greatly affected the growth of the national government. It has moved some powers towards the central government to grow it.

Asked By: Tyler Wilson Date: created: Aug 05 2021

What are the three methods of departmental cost allocation

Answered By: Oswald Howard Date: created: Aug 06 2021

There are three methods for allocating service department costs: direct, sequential, and reciprocal. The first step of each method is to classify each organizational unit as either an operating or service department.

Asked By: Benjamin Jackson Date: created: Apr 09 2021

What is revenue allocation

Answered By: Samuel Moore Date: created: Apr 10 2021

Revenue allocation can be described as a method of sharing the centrally generated revenue among different tiers of government and how the amount allocated to a particular tier is shared among its components for economic development.

Asked By: Andrew Rivera Date: created: Mar 17 2022

What are the allocation methods

Answered By: Hayden Williams Date: created: Mar 17 2022

There are three main disk space or file allocation methods.Contiguous Allocation.Linked Allocation.Indexed Allocation.

Asked By: Chase Hughes Date: created: Apr 04 2021

What is an example of regulated federalism

Answered By: Robert Long Date: created: Apr 06 2021

This is known as regulatory federalism. Mandate: a federal order imposed upon states. Examples: o Americans with Disabilities Act (governors and mayors don’t like because of costs to remodel) o Various environmental acts (e.g. Clean Air Act, Clean Water Act). o Individuals with Disabilities Education Act.

Asked By: Gregory Butler Date: created: Feb 22 2022

Which state is the highest paid allocation in Nigeria

Answered By: Adam Alexander Date: created: Feb 22 2022

Delta StateDelta State remains the biggest recipient of federal allocation with a total sum of N214.

Asked By: Jake Brown Date: created: Jan 10 2022

What are the criteria for revenue allocation in Nigeria

Answered By: Ethan Taylor Date: created: Jan 12 2022

On the horizontal sharing of revenue amongst the states, the Decree adopted the following criteria: minimum responsibility of government, 40 percent; population, 40 percent; social development factor, 15 percent; and internal revenue effort, 5 percent.

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