Why Should Persons Who Manage,advise,or Audit Governments and Not-For-Profit Organizations

question 51

Essay

Why should persons who manage,advise,or audit governments and not-for-profit organizations be generally familiar with OMB Circulars A-87,A-21,and A-122? In your answer explain what "OMB" means,and why its circulars should be of concern to those involved with management,advisement,or auditing of state and local governments and not-for-profit organizations.

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Definitions:

Subordinates

Employees or team members who are lower in rank or position and are typically directed and supervised by higher-ranking personnel.

Subunit Power

The degree of influence and control a subgroup within an organization has over decisions and resources.

Leadership Positions

Roles within an organization or group that involves guiding, directing, and influencing others towards achieving collective goals.

Dominant Position

A situation in which a person or entity has greater power, influence, or control within a particular context or market.