How does the use of encumbrance procedures improve budgetary control
424 Week 3 Discussion 2: How does the use of encumbrance procedures improve budgetary control over expenditures? Explain fully.
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Encumbrance accounting is the initial stage in buying and paying for products or services in an organization. It anticipates future expenditures by designating funds in a specific budgetary account for a specific purpose. Encumbrance procedures are essential in the budgetary process as they assist in the proper allocation……………………
APA
331 words
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