Question

32. The budget control organization is usually headed by a top executive who is known as
(A) Budget director Budget controller
(B) Accountant of the organization
(C) General Manager
(D) None of these​

Answer 1

budget director budget controller

Answer 2

The correct answer is OPTION A: Budget director Budget controller.

• The Budget Director is in charge of an organization's budgeting and financial forecasting efforts.
• The budgeting process for yearly, quarterly, and monthly budgets is led by this person.
• Budget directors set budgetary rules and guidelines to meet short- and long-term financial goals.
• Establishes methods for incorporating past financial results into budgeting.
• Budget Director additionally monitors and evaluates budget performance.
• Plans, forecasts, monitors, and reports on planning, forecasting, and decision-support tools and reporting.
• Senior management and/or the board of directors are given budget information.