Question

Write Short Notes on Budget Committee.

Answer 1

A budget committee is a group of people that creates and maintains fiscal responsibility for an entity or organization. In a company, this committee usually consists of the top management and the CFO. Budget committees typically review and approve departmental budgets that are submitted by the various department heads. The budget committee may also create and edit the budget manual, which is a complex set of instructions used by large organizations to prepare budgets.

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