Question: The authorization function of budgets is especially important for government and not-for-profit (NFP) entities, where budgeted amounts often serve both as approvals of planned activities

The authorization function of budgets is especially important for government and not-for-profit (NFP) entities, where budgeted amounts often serve both as approvals of planned activities (or programs) and as:

Certification of actions.
Indicators of performance.
The basis for contract negotiations.
Measures of quality.
Ceilings for expenditures.

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