FINANCIAL REPORTING TO MANAGEMENT

IN 1964 MORE THAN $12 BILLION WAS SPENT IN THE UNITED STATES ON COSTS DIRECTLY RELATED TO ROADS AND STREETS. IN AT LEAST TWO INSTANCES, A SINGLE STATES EXPENDITURES APPROACHED ONE BILLION DOLLARS. WAS THE MONEY SPENT PRUDENTLY AND EFFICIENTLY{ DID HIGHWAY USERS OBTAIN MAXIMUM VALUE FOR THEIR MONEY{ CHARGED WITH RESPONSIBILITY FOR THE GREAT VOLUME AND VARIETY OF ACTIVITIES SUGGESTED BY THE FOREGOING FIGURES, THE HIGHWAY MANAGER MUST DEPEND ON REPORTS, ESPECIALLY FINANCIAL REPORTS, TO ANSWER THESE QUESTIONS. THE DEGREE OF ADMINISTRATIVE EMPHASIS ON FISCAL MATTERS IS EVIDENT ON ALL SIDES, AND ONE NEED ONLY REFER TO THE ACTIVITIES OF THE HIGHWAY RESEARCH BOARD ITSELF DURING THE PAST FEW YEARS TO REINFORCE THE POINT. GOOD FINANCIAL REPORTING IS VITAL TO SUCCESSFUL FINANCIAL MANAGEMENT. /AUTHOR/

Media Info

  • Media Type: Print
  • Pagination: pp 1-25
  • Monograph Title: Management personnel and costs
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00200159
  • Record Type: Publication
  • Files: TRIS, TRB
  • Created Date: Nov 10 1994 12:00AM