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Does each program or project really need separate fund

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Reference no: EM132693389

Problem 1: Why is it important to allocate funds for varying programs or projects?

Problem 2: Given that all of government revenue is "our money," is it really important to separate it by program? Does each program or project really need separate fund accounting statements? Does the statement preparation just add even more expense? As always, kindly justify your answer.

Reference no: EM132693389

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