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Magpet
Magpet, officially the Municipality of Magpet ( hil, Banwa sang Magpet; ceb, Lungsod sa Magpet; fil, Bayan ng Magpet), is a 1st class municipality of the Philippines, municipality in the Philippine Province, province of Cotabato, Philippines. According to the 2020 census, it has a population of 52,800. History Magpet derived its name from the word ''malotpot'', which means "a place where people gather in fellowship to partake of their packed lunch wrapped in banana leaves". Magpet was created through the Republic Act 3721, which was signed by then President Diosdado Macapagal on June 22, 1963. The first local officials were sworn into office on August 13, 1963, with Froiland Matas as first mayor. Geography The municipality of Magpet is located in the eastern part of Cotabato Province and at the foothills of Mt. Apo with generally a sloping to mountainous terrain. Furthermore, it is a landlocked municipality located at the boundary of the provinces of Cotabato and Davao de ...
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Cotabato
Cotabato or North Cotabato ( hil, Aminhan Cotabato; ceb, Amihanang Cotabato; Maguindanaon: ''Pangutaran Kutawatu'', Jawi: ڤڠوترن كوتاواتو; fil, Hilagang Cotabato), officially the Province of Cotabato, is a landlocked province in the Philippines located in the Soccsksargen region in Mindanao. Its capital is the city of Kidapawan. Some of its barangays are under the jurisdiction of the nearby Bangsamoro Autonomous Region. History Sultanate of Maguindanao Cotabato derives its name from the Maguindanaon word ''kuta watu'' (from Malay - "Kota Batu"), meaning "stone fort", referring to the stone fort which served as the seat of Sultan Muhammad Kudarat in what is now Cotabato City (which the province derives its name from). Islam was introduced in this part of the country in the later part of the 15th century by Sharif Mohammed Kabungsuwan, an Arab-Malay Muslim warrior-missionary. Sharif Kabungsuwan invaded Malabang in 1475, facing armed resistance from the non- ...
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List Of Sovereign States
The following is a list providing an overview of sovereign states around the world with information on their status and recognition of their sovereignty. The 206 listed states can be divided into three categories based on membership within the United Nations System: 193 UN member states, 2 UN General Assembly non-member observer states, and 11 other states. The ''sovereignty dispute'' column indicates states having undisputed sovereignty (188 states, of which there are 187 UN member states and 1 UN General Assembly non-member observer state), states having disputed sovereignty (16 states, of which there are 6 UN member states, 1 UN General Assembly non-member observer state, and 9 de facto states), and states having a special political status (2 states, both in free association with New Zealand). Compiling a list such as this can be a complicated and controversial process, as there is no definition that is binding on all the members of the community of nations concerni ...
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Revenue
In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business. Commercial revenue may also be referred to as sales or as turnover. Some companies receive revenue from interest, royalties, or other fees A fee is the price one pays as remuneration for rights or services. Fees usually allow for overhead (business), overhead, wages, costs, and Profit (accounting), markup. Traditionally, professionals in the United Kingdom (and previously the Repu .... This definition is based on International Accounting Standard, IAS 18. "Revenue" may refer to income in general, or it may refer to the amount, in a monetary unit, earned during a period of time, as in "Last year, Company X had revenue of $42 million". Profit (accounting), Profits or net income generally imply total revenue minus total expenses in a given period. In accountancy, accounting, in the balance statement, revenue is a subsection of the ...
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Barangay
A barangay (; abbreviated as Brgy. or Bgy.), historically referred to as barrio (abbreviated as Bo.), is the smallest administrative division in the Philippines and is the native Filipino term for a village, district, or ward. In metropolitan areas, the term often refers to an inner city neighborhood, a suburb, or a suburban neighborhood or even a borough. The word ''barangay'' originated from ''balangay'', a type of boat used by a group of Austronesian peoples when they migrated to the Philippines. Municipalities and cities in the Philippines are politically subdivided into barangays, with the exception of the municipalities of Adams in Ilocos Norte and Kalayaan in Palawan, with each containing a single barangay. Barangays are sometimes informally subdivided into smaller areas called ''purok'' ( en, "wikt:zone, zone"), or barangay zones consisting of a cluster of houses for organizational purposes, and ''sitios'', which are territorial enclaves—usually rural—far from t ...
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Diosdado Macapagal
Diosdado Pangan Macapagal Sr. (; September 28, 1910 – April 21, 1997) was a Filipino lawyer, poet and politician who served as the ninth president of the Philippines, serving from 1961 to 1965, and the sixth vice president, serving from 1957 to 1961. He also served as a member of the House of Representatives, and headed the Constitutional Convention of 1970. He was the father of Gloria Macapagal Arroyo, who followed his path as president of the Philippines from 2001 to 2010. A native of Lubao, Pampanga, Macapagal graduated from the University of the Philippines and University of Santo Tomas, both in Manila, after which he worked as a lawyer for the government. He first won election in 1949 to the House of Representatives, representing the 1st district in his home province of Pampanga. In 1957, he became vice president under the rule of President Carlos P. Garcia, whom he later defeated in the 1961 election. As president, Macapagal worked to suppress graft and corruption ...
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Republic Act 3721
A republic () is a "state in which power rests with the people or their representatives; specifically a state without a monarchy" and also a "government, or system of government, of such a state." Previously, especially in the 17th and 18th centuries, the term was used to imply a state with a democratic or representative constitution (constitutional republic), but more recently it has also been used of autocratic or dictatorial states not ruled by a monarch. It is now chiefly used to denote any non-monarchical state headed by an elected or appointed president. , 159 of the world's 206 sovereign states use the word "republic" as part of their official names. Not all of these are republics in the sense of having elected governments, nor is the word "republic" used in the names of all states with elected governments. The word ''republic'' comes from the Latin term ''res publica'', which literally means "public thing", "public matter", or "public affair" and was used to refer t ...
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Philippine Province
In the Philippines, provinces ( fil, lalawigan) are one of its primary political and administrative divisions. There are 82 provinces at present, which are further subdivided into component cities and municipalities. The local government units in the National Capital Region, as well as independent cities, are independent of any provincial government. Each province is governed by an elected legislature called the Sangguniang Panlalawigan and an elected governor. The provinces are grouped into seventeen regions based on geographical, cultural, and ethnological characteristics. Thirteen of these regions are numerically designated from north to south, while the National Capital Region, the Cordillera Administrative Region, the Southwestern Tagalog Region, and the Bangsamoro Autonomous Region in Muslim Mindanao are only designated by acronyms. Each province is a member of the League of Provinces of the Philippines, an organization which aims to address issues affecting provi ...
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Municipality Of The Philippines
A municipality ( tl, bayan/munisipalidad; hil, banwa; ceb, lungsod/munisipalidad/munisipyo; pag, baley; pam, balen/balayan; bcl, banwaan; war, bungto/munisipyo; ilo, ili) is a local government unit (LGU) in the Philippines. It is distinct from ''city'', which is a different category of local government unit. Provinces of the Philippines are divided into cities and municipalities, which in turn, are divided into barangays (formerly barrios) – ''villages''. , there are 1,488 municipalities across the country. A municipality is the official term for, and the official local equivalent of, a town, the latter being its archaic term and in all of its literal local translations including Filipino. Both terms are interchangeable. A municipal district is a now-defunct local government unit; previously certain areas were created first as municipal districts before they were converted into municipalities. History The era of the formation of municipalities in the Philippines st ...
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Crime Index
Crime statistics refer to systematic, quantitative results about crime, as opposed to crime news or anecdotes. Notably, crime statistics can be the result of two rather different processes: * scientific research, such as criminological studies, victimisation surveys; * official figures, such as published by the police, prosecution, courts, and prisons. However, in their research, criminologists often draw on official figures as well. Methods There are several methods for the measuring of crime. Public surveys are occasionally conducted to estimate the amount of crime that has not been reported to police. Such surveys are usually more reliable for assessing trends. However, they also have their limitations and generally don't procure statistics useful for local crime prevention, often ignore offenses against children and do not count offenders brought before the criminal justice system. Law enforcement agencies in some countries offer compilations of statistics for various types ...
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Languages Of The Philippines
There are some 120 to 187 languages spoken in the Philippines, depending on the method of classification. Almost all are Malayo-Polynesian languages native to the archipelago. A number of Spanish-influenced creole varieties generally called Chavacano are also spoken in certain communities. The 1987 constitution designates Filipino, a standardized version of Tagalog, as the national language and an official language along with English. Filipino is regulated by Komisyon sa Wikang Filipino and serves as a '' lingua franca'' used by Filipinos of various ethnolinguistic backgrounds. On October 30, 2018, President Rodrigo Duterte signed into law Republic Act 11106, which declares Filipino Sign Language or FSL to be the country's official sign language and as the Philippine government's official language in communicating with the Filipino Deaf. While Filipino is used for communication across the country's diverse linguistic groups and in popular culture, the government operates m ...
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Liability (financial Accounting)
In financial accounting, a liability is defined as the future sacrifices of economic benefits that the entity is ''obliged'' to make to other entities as a result of past transactions or other ''past'' events, the settlement of which may result in the transfer or use of assets, provision of services or other yielding of economic benefits in the future. Characteristics A liability is defined by the following characteristics: * Any type of borrowing from persons or banks for improving a business or personal income that is payable during short or long time; * A duty or responsibility to others that entails settlement by future transfer or use of assets, provision of services, or other transaction yielding an economic benefit, at a specified or determinable date, on occurrence of a specified event, or on demand; * A duty or responsibility that obligates the entity to another, leaving it little or no discretion to avoid settlement; and, * A transaction or event obligating the entity t ...
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