Answer to Question #68748 in Accounting for Chantika Barara

Question

To what extent are the employees in a team/ section/ division responsible for:

Data collection to support the budget?
Developing realistic and attainable budgets for the section/ division?
Monitoring expenditure?
Using the budget to measure actual work against projected work achievements?

Answer 1

Data collection to support the budget - responsible.
Developing realistic and attainable budgets for the section/division - partially responsible.
Monitoring expenditure - responsible.
Using the budget to measure actual work against projected work achievements - partially responsible.