Accountability
In general, Accountability is the willingness to be held to agreed-upon standards by a higher authority, a partner, or other interested parties. To be "held accountable" for one's judgments and actions is the mark of a professional, such as a doctor or engineer. Employees in some occupations crave recognition as professionals, but when they lack accountability they do not merit this recognition.
In finance, Accountability is 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.