A new tax and financial system was functioning effectively.

新的财税体制有效运行。

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The auditor found that budgetary controls were functioning effectively to control sales expenses.

某审计师发现，预算控制对销售费用进行了有效控制。

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By achieving the right air pressure during different RPM levels, its power is on tap with all-round efficiency while effectively functioning as a fuel saving device.

实现了在不同转速对空气压力水平，其力量是自来水全面效率，同时作为一个有效运行的燃油节省装置。

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Management consultants KPMG found that the board was now functioning effectively, but Monitor has warned the trust must meet waiting time targets between referral and treatment by January 2013 or face further action.

BBC: James Paget University Hospital entrance

Experts recommend waiting to jump in until your start-up is fully functioning because effectively managing one or more social-networking profiles can take a great deal of time and energy.

WSJ: Make Social Networks Work for Your Start-Up

Critics of executive compensation should be content with corporate compensation decisions if they're made by an effectively functioning, fully informed, truly independent and completely transparent compensation committee.

FORBES: The Next Big Scandal