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  • Program Budgeting Works in Nonprofit Institutions

    The management and trustees of nonprofit service organizations satisfy supporters' demands for better expenditure controls of their contributions by means of cost accounting procedures. The cost accounting of professional services pinpoints sources and uses of funds and facilitates decisions on money allocation. In the described example, management and trustees observe the establishment of a planning and accounting system at a once-drifting mental health clinic employing about 100 professionals.
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