school hours should be short. Students have a limited amount of power in school, which is one of the main reasons for cutting classes. Students feel as though schools try to contain them and that they are not able to be themselves.
(a) Fiscal reserves is not a back-up asset, but represents the total amount of resources that the Government can use on a day-to-day basis. The level of reserves reflects the Government's entire cash balance. Fiscal reserves serves to meet our day-to-day operational expenses and public works expenditures.
An inventory reserve is money that is taken out of earnings for the purpose of paying cash or non-cash anticipated future costs associated with inventory. Matters pertaining to inventory reserves are a very small part of a wide body of rules associated with inventory accounting. Costs of keeping inventory can come in many forms, and most of them are seen by the market as having the potential to negatively affect a corporation's profitability.