Exam (elaborations)
CPFO PLANNING AND BUDGETING TEST
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CPFO PLANNING AND BUDGETING TEST...
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CPFO PLANNING AND BUDGETING TESTFive pillars of the Financial Foundations Framework Set a long-term goal
Build trust and open lines of communication. Make decisions as a group.
Make the rules clear.
Be fair to everyone.
Types of Fund Balance
Not to be spent
Not Allowed
Promised Assigned
Not Assigned
Account Project Fund Organizational Unit Program/Activity Object Chart of
Account Parts
Long-Term Financial Planning is the process of using information from more
than one year, such as forecasting, to figure out how to help an organization
make resources available over the long term so that it can meet its service and
building goals or come closer to meeting them.
Long-Term Financial Plan: This is a document that shows the strategies and
steps that were agreed upon during the planning phase. It also lists the data and
predictions that were utilized in the long-term financial planning process.
Long-term financial planning has four steps.
Mobilization Analysis Decision Making Execution
Five things you need to know about long-term money planning
Service for a Long Time Vision: Financial Rules
Technically sound forecasting and analysis
Process of Working Together and Participating Link to Other Plans
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