Changes

==Financial accountability==

==Financial accountability==

In finance, '''Accountability''' is the degree to which it is ensured that an organization's monies are collected and disbursed properly, and that an [[audit trail]] is kept of all transactions. Under some [[budget]]ing processes and systems, every budgeted dollar is associated with a [[responsibility center]] and a designated manager accountable for the monitoring of expenditures and [[revenues]].

In finance, '''Accountability''' is the degree to which it is ensured that an organization's [[money|monies]] are collected and disbursed properly, and that an [[audit trail]] is kept of all transactions. Under some [[budget]]ing processes and systems, every budgeted [[dollar]] is associated with a [[responsibility center]] and a designated manager accountable for the monitoring of expenditures and [[revenues]].

 

== See also ==

== See also ==

 

* [[Capital]]

*[[Capital]]

* [[Capitalism]]

*[[Capitalism]]

 

 

 

[[Category:Legal Terms]]

[[Category:Legal Terms]]

[[category:Budget terms]]

[[category:Budget terms]]

[[Category:Conservative Dictionary]]

[[Category:Conservative Dictionary]]