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Lesson 1
After completing this course, you'll be able to:
Explain the uses and functions of nonprofit budgeting
Describe the different types of budgets used by a nonprofit organization
Recognize the use of the organization-wide operating budget and program operating budgets
Explain how an operating budget is created
Analyze a nonprofit operating budget through variance analysis
Describe how a capital budget is used and created
Explain the importance of a cash flow budget and describe how it is created
Recognize how the budget process can be managed for optimal results
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