Page 63 - DLIS104_MANAGEMENT OF LIBRARIES AND INFORMATION CENTRES

Management of Libraries and Information Centres

Notes 8.6 Keywords

Ordinary Shares : Are issued to the owners of a company.
Offer for Sale : Is a means of selling the shares of a company to the public.
Divident : The amount should be paid to the share holders if sufficient
distributable profits are available.
Summary Expenditure Budget Report : This report presents actual expenditure for the current
month and compares total expenditures for the year with
annual budgeted amounts along with any encumbered
expenses.
General Ledger Report : This report reflects actual expenses incurrent by general
ledger code for each department.
Monthly Departmental : This report is circulated to any and all departments who
have exceeded their departmental budgets.

8.7 Review Questions
1. Write on equity shares.
2. Write a short note on CEA.
3. Define library budget.
4. Explain the cost benefit analysis.
5. Write a paragraph on cost effectiveness.
6. Discuss in detail the sources of library finance.
7. Examine on the Budgeting procedure and its accounts.

Answers: Self Assessment

1. Ordinary shares 2. Rights issue 3. Preference shares
4. True 5. True 6. (a)
7. (a)

8.8 Further Readings

Books Lock (RN),Ed.: Manual of Library Economy: Conspectus of Professional Librarianship
for Students and Practitioners. London: Clive Bingley. Latest Ed.
Narayana (GJ): Library and Information Management
Wheeler (JL) and Goldhar: Practical Administration of Public Libraries. Latest Ed.
Wilson (LR) and Tauber, MF: University Library. Latest Ed.

Online links www.ysuarchive.wordpress.com/archives-policies-2/accessioning/
www.acountingtools.com/procedure-budgeting
www.cdc.gov/owcd/eet/CostEffect2/fixed/1.html
www.sjsu.edu/faculty/watkins/cba.htm

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