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Sample Essay – Subsidizing nonprofit organizations
The following is a report based on the $10 million allocated to the city council this year. It summarizes the way the funds will be been used, and this includes operational and capital requirements and subsidizing nonprofit organizations. The money will also be used as an incentive to attract more business to the city.
The report summarizes how the money was subdivided based on the importance of a particular need and how best it could serve the city’s members. It also includes an integration of fund accounting and financial control. The report will go further to describe how an analysis of the financial statements and budgets leads to better administrative decisions.
The report will also illustrate the application of budgets as a disciplinary process. It includes a reflection on the control and management of public expenditures. Finally, it focuses on government financial reporting requirements and how they will be followed.
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