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Funds management, financial accounting, controlling

Q: What are the components of a financial system?

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Funds management, financial accounting, controlling

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Funds management, financial accounting, controlling

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No, the highest level of accounting classification is not necessary for controlling funds. Control of funds can be achieved through effective budgeting, monitoring of transactions, and regular financial reporting regardless of the level of accounting classification used.

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Funds management, financial accounting, controlling

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Funds management, financial accounting, controlling

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