Look at the state of Ohio revenue generation for this question. As an example, see the Ohio
Question:
Look at the state of Ohio revenue generation for this question. As an example, see the Ohio Department of Taxation website (www.tax.ohio.gov/Government.aspx). Please review your state site. Next, choose one aspect of revenue generation and analyze it in detail. Focus on revenues and not expenditures as that is the next assignment. The Volcker Alliance has assembled in the following pages a valuable set of tools for achieving a greater understanding of the budget process and state government finances. This guide serves as a convenient repository of connections to budget and financial information for state governments in general and for each state. You can access it at https://www.volckeralliance.org/news/volcker-alliance-launches-analysis-50-state-budgets
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For the state to efficiently run all its departments resources must be used Overly a budget must exist that spells out how the collected revenue will be allocated in expenditure and accounted for Whil...View the full answer
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Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce