The budget committee
A)has the responsibility to review the budget.
B)resolves differences that may arise as the budget is prepared.
C)prepares financial statements for the auditor.
D)both a and b

Question

Quizplus · Accepted Answer

The budget committee is responsible for reviewing the budget and resolving any differences that may arise during the preparation process. Therefore, both options A and B are correct. However, preparing financial statements for the auditor is not typically a responsibility of the budget committee.

The Budget Committee