The budget committee

Question

Quizplus · Accepted Answer

The budget committee usually consists of managers from different areas of the value chain, as they have a better understanding of the financial needs of their respective departments. The accounting staff or Board of Directors may be involved in the budget process, but they are not typically the entire budget committee. The budget committee's role is to review and make recommendations on the budget, but they may not have the final say, as that is usually up to top management or the Board of Directors.

The Budget Committee