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Financial estimation is an important part of library and information centre management because it helps the librarian determine the amount of money required for different activities and services. A proper estimate ensures that available funds are used efficiently and that the library can maintain its collection, services, staff, equipment and infrastructure. Financial estimation means forecasting the financial requirements of an organisation for a particular period. One method of financial estimation is the per capita method. Under this method, the estimated expenditure is calculated on the basis _________ _________ __________ ______ ___ __________ _________ ________ ____.
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