Buckeye National Bank 1. a) PDOR- Est. MOH/Est. Act. (Total indirect costs/total value of checks processed) $2,850,000/$95,000,000= $0.03 per dollar processed. b) (i) Retail Line—(Value of checks processed X cost per dollar processed) $9,500,000 X $0.03= $285,000 (ii) Business Line $85,500,000 X $0.03= $2,565,000 The allocations are driven by the dollar value of the checks processed. c) (i) Total indirect cost proportion for Retail Line (Allocation amount/Est. MOH) $285,000/$2,850,000= 10%
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1. Under the original (old) cost system: a. Compute the single indirect cost allocation rate that the bank would use to allocate the total indirect costs presented in Exhibit B. 2850 / 95000 = $0.03 b. Use your answer to part A to determine the total annual indirect cost assigned to: i. The retail customer line, and 9500 * 0.03 = $285 ii. The business customer line. What drives theses allocations? 85500 * 0.03 = $2565 Paying checks which was processed
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performance applications and share information lead to the creation of the vBNS or very-high-performance Backbone Network Service in 1995 (http://en.wikipedia.org/wiki/Internet2). With a consortium of various investors and partnerships including the National Science Foundation, MCI, Qwest, Level3, and 30+ universities, Internet2 was formed. Through this consortium “Internet2 provides the U.S. research and education community with a network that satisfies their bandwidth-intensive requirements. The
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Bank’s Name Bank’s Code District of Bank Branch Name of Candidate 5 CNIC No. Secretary, Federal Public Service Commission, Islamabad Case No. F.4Examination Fee for the post of //20 -R Name (or designation) & address of the person on whose behalf money is paid Full particulars of the remittance and of authority (if any) Rs. only) (Rupees only) Amount Head of Account By whom tendered Important Bank details must be filled by the candidate Signature Treasury Officer/ Bank Officer With Stamp C 02101 – Organs
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- HIS 1010 Turkey’s most important domestic and international challenges today Turkey's fast late development accompanies reactions that have abandoned its economy defenseless. One worry is swelling, which was 10.4% in March—well over the national bank's target and the expansion rates of a large portion of Turkey's developing business peers. A greater concern is Turkey's becoming reliance on remote money to fuel its economy: its present record shortage arrived at the midpoint of 10% of GDP
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80C. Deduction in respect of life insurance premia, deferred annuity, contributions to provident fund, subscription to certain equity shares or debentures, etc.- (1) In computing the total income of an assessee, being an individual or a Hindu undivided family, there shall be deducted, in accordance with and subject to the provisions of this section, the whole of the amount paid or deposited in the previous year, being the aggregate of the sums referred to in sub-section (2), as does not exceed one
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80,000 bank branches, 110,000 cooperatives (one in every five villages), and 150,000 post offices. It is estimated that each branch serves about 15,000 people in urban areas and 32,000 people in rural areas (World Bank, 2009). Consequently, less than 60 percent of the adult population has a bank account and less than 14 percent has a loan with a bank. Microfinance services tend to be concentrated in southern states (e.g., Andhra Pradesh and Karnataka). In 2009, the Self-Help Group-Bank Linkage
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* Merck & Co. * Pfizer * Textile * Economic * Banking * Axis Bank * Bank of America * Bank of New York Mellon * Home Loan * HSBC * ICICI Bank * IMF * Punjab National Bank * Reserve Bank of India * State Bank of India * Vijaya Bank * World Bank * Gold Price * USA Economy News * World Trade Organization * Finance * Currency
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Allahabad Bank | Axis Bank | Andhra Bank | DCB | Bank of India | Dhanlaxmi Bank | BOB | Federal Bank | Bank of Maharashtra | HDFC Bank | Central Bank | ICICI Bank | Corporation Bank | Induslnd Bank | Dena Bank | ING Vysya Bank | IDBI Bank | Karnataka Bank | Indian Bank | Yes Bank | Oriental Bank | J&K Bank | PNB | Lakshmi Vilas Bank | Punjab & Sind Bank | South Indian Bank | Syndicate Bank | | UCO Bank | | United Bank | | Union Bank | | Vijaya Bank | |
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REGIONAL RURAL BANKS The Narasimham committee on rural credit recommended the establishment of Regional Rural Banks (RRBs) on the ground that they would be much better suited than the commercial banks or co-operative banks in meeting the needs of rural areas. Accepting the recommendations of the Narasimham committee, the government passed the Regional Rural Banks Act, 1976. A significant development in the field of banking during 1976 was the establishment of 19 Regional Rural Banks (RRBs) under the
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