Why is account classification a preferred method for estimating costs when submitting a proposal for grant funding?

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Why is account classification a preferred method for estimating costs when submitting a proposal for grant funding? For example, a not-for-profit organization might apply to the Gates Foundation for a program grant.

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Managerial accounting

ISBN: 978-0471467854

1st edition

Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin

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Question Posted: Feb 20, 2013 09:24 AM

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Why is account classification a preferred method for estimating costs when submitting a proposal for grant funding?

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Managerial accounting

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