All operating departments should be involved in developing reasonable expectations of timing and amounts of planned expenditures.
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All operating departments should be involved in developing reasonable expectations of timing and amounts of planned expenditures. This ensures all possible outflows of resources are measured and, if necessary, prioritized. Forecast time frames should accurately reflect the cash transactions of the organization.
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Financial Management In The Public Sector Tools Applications And Cases
ISBN: 9780765636898
3rd Edition
Authors: Xiaohu Wang
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