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Program development involves learning and understanding the major principles and models of budgeting. Budgeting for financial control of a human services program involves making decisions
Program development involves learning and understanding the major principles and models of budgeting. Budgeting for financial control of a human services program involves making decisions about managing the budget, including selecting the appropriate method based on how the program is structured.
Please respond to the following:
- Explain the concept of financial control.
- Describe how the financial control purposes of budgeting deal with the relationship between revenues (inputs) and expenses (activities).
- Identify the three major models of the budgetary process.
- Describe the similarities and differences within the models.
- What are the three principal purposes of budgeting? What are the three major corresponding budgeting systems?
- Describe the similarities and differences between the three.
- In your opinion, should small nonprofit organizations hire outside consultants to help them with budgeting issues, or should they develop their expertise in-house? Use your text or other professional resources to support your answer.
please provide references.
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Answer Concept of Financial Control Financial control refers to the process of monitoring and managing an organizations financial resources to ensure they are being used effectively and efficiently to ...
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