Changes

In general, '''Accountability''' is the willingness to be held to agreed-upon standards. To be "held accountable" for one's judgments and actions is the mark of a [[professional]].  

In general, '''accountability''' is the willingness to be held to agreed-upon standards. To be "held accountable" for one's judgments and actions is the mark of a professional.  

Established experts have historically had a tendency to use their mantle of expertise to "define" the truth, resisting efforts by outsiders to compare their notions or theories to reality (see [[History of science]]).  

Established experts have historically had a tendency to use their mantle of expertise to "define" the truth, resisting efforts by outsiders to compare their notions or theories to reality (see [[History of science]]).  

==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]]