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Control Summary Record

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Cletus Quigley

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Q: Is the highest level of accounting classification necessary for controlling funds?
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Is the highest level of accounting classification necessary to for controlling funds?

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.


What is the highest level of accounting classification necessary for controlling funds?

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What is the highest level of accounting classification necessary for managing funds but has no funds loaded?

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