describe the impact of the following factors when planning and controlling personal regional and national budget
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Step-by-step explanation:
As stated in chapter one of A Budgeting Guide for Local Government, navigating the increasingly complex crosscurrents of local government finance has become an essential skill for today’s public administrator. Even more so as local budgets are extremely sensitive to their political, economic, social, and legal environments. Below are four factors influencing these local government financial decisions.
1. Political (Citizen) Involvement
2. Economic Influences
3. Social and Demographic Change
4. Legal and Intergovernmental Matters
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