1.17 Management entrusted with handling public resources (for example, managers of a state or local governmental entity or a nonprofit entity that receives federal assistance) is responsible for applying those resources efficiently, economically, effectively, and legally to achieve the purposes for which the resources were furnished or the program was established.
377161
When handling public resources, the responsibility for handling resources efficiently falls on management.
377162
The responsibility to be economical with public resources doesn't typically fall on management.