in the budgets of organizations of the system. The existence of such margins would imply that Member States had the option of not honouring the obligations provided for in the constitutional instruments and financial regulations to which they had subscribed in joining the organizations. ACC believes that there can be no compromise with the principle that when governing bodies approve a programme and a budget they intend them to be carried out in full. Member States then have an obligation to pay in full and on time the contributions required for this purpose, Recommendation 5 12. Under this recommendation member States that tax the salaries of staff members of the organizations are called upon to compensate fully for the administrative costs involved in the related reimbursement arrangements and to cover both the reimbursements and the administrative costs in advance. ACC can support the recommendation in principle in the interests of alleviating financial burdens both for organizations and for nearly all member States, which do not levy such taxes, but considers that it is a matter for consideration in the first instance by the member States that do levy them. Recommendation 6 13. In this recommendation the Inspector expresses the view that: (a) Working capital funds should not in principle amount to more than one twelfth of the overall level of annual regular budgets (4 per cent for biennial budgets and corresponding percentages where budget periods are of different durations); (b) Such funds should be used'mainly to meet shortfalls in the receipt of assessed contributions (exclusively for that purpose after the restoration of organizations' financial viability). 14. The first part of the recommendation appears to recognize the need for working capital funds to provide a minimum of funds to cover temporary shortfalls in the receipt of assessed contributions, However, ACC has found no technical 
**Analysis**
The text appears to be discussing financial management and budgeting within international organizations, specifically the concept of working capital funds and the reimbursement of administrative costs. While it doesn't directly relate to any specific sector or industry, it does touch on the theme of financial responsibility and burden-sharing among member states.

**Category**
Finance, International relations