Unformatted text preview: budget for future programs or even ongoing programs. By keeping an eye on output costs the agency can know how their program is working towards its financial goals and know what areas needs more or less money. By knowing how all monies are being implemented it can help the agency get or stay stable and grow to meet future needs. Determinations can be made of course by looking at fixed and variable costs and how that affects the overall working of the agencies financials. If a company did not determine their output and outcome costs they could easily lose track of financial goals and not make ends meet which would end the agency due to lack of funds from frivolous waste, it can also lead an agency to being ineligible for future aid from benefactors due to poor recordkeeping. No one wants to send money to an agency that is not holding itself accountable financially....
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This note was uploaded on 03/08/2010 for the course HSM HSM 260 taught by Professor Unsure during the Spring '10 term at University of Phoenix.
- Spring '10