Difference between revisions of "Accountability"
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(New page: The degree to which it is ensured that an organization's monies are collected and disbursed properly, and that an auditable record is kept of all transactions. Under some budgeting process...) |
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The degree to which it is ensured that an organization's monies are collected and disbursed properly, and that an auditable record is kept of all transactions. Under some budgeting processes and systems, every budgeted dollar is associated with a responsibility center and a designated manager accountable for the monitoring of expenditures and revenues. | The degree to which it is ensured that an organization's monies are collected and disbursed properly, and that an auditable record is kept of all transactions. Under some budgeting processes and systems, every budgeted dollar is associated with a responsibility center and a designated manager accountable for the monitoring of expenditures and revenues. | ||
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Revision as of 01:05, July 17, 2007
The degree to which it is ensured that an organization's monies are collected and disbursed properly, and that an auditable record is kept of all transactions. Under some budgeting processes and systems, every budgeted dollar is associated with a responsibility center and a designated manager accountable for the monitoring of expenditures and revenues.