What mechanisms are used to control and monitor the budget during a fiscal year? Who is responsible for exercising these controls?

Government budget controls are measures taken to ensure that budget plans approved by the government are implemented correctly. Using the budget to achieve certain objectives is what is meant by the term budget control. The mechanisms used to control and monitor the budget funding during a fiscal year are budget planning, budget implementation, and budget coordination. Executing the budget as it relates to expenditures within the regulatory controls of the ministry of finance falls to agencies and ministries.

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Academic.Tips. (2022) 'What mechanisms are used to control and monitor the budget during a fiscal year? Who is responsible for exercising these controls'. 9 October.

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Academic.Tips. 2022. "What mechanisms are used to control and monitor the budget during a fiscal year? Who is responsible for exercising these controls?" October 9, 2022. https://academic.tips/question/what-mechanisms-are-used-to-control-and-monitor-the-budget-during-a-fiscal-year-who-is-responsible-for-exercising-these-controls/.

1. Academic.Tips. "What mechanisms are used to control and monitor the budget during a fiscal year? Who is responsible for exercising these controls?" October 9, 2022. https://academic.tips/question/what-mechanisms-are-used-to-control-and-monitor-the-budget-during-a-fiscal-year-who-is-responsible-for-exercising-these-controls/.


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Academic.Tips. "What mechanisms are used to control and monitor the budget during a fiscal year? Who is responsible for exercising these controls?" October 9, 2022. https://academic.tips/question/what-mechanisms-are-used-to-control-and-monitor-the-budget-during-a-fiscal-year-who-is-responsible-for-exercising-these-controls/.

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"What mechanisms are used to control and monitor the budget during a fiscal year? Who is responsible for exercising these controls?" Academic.Tips, 9 Oct. 2022, academic.tips/question/what-mechanisms-are-used-to-control-and-monitor-the-budget-during-a-fiscal-year-who-is-responsible-for-exercising-these-controls/.

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