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The first responsibility of management and budget is to ensure the efficient allocation and utilization of financial resources to achieve organizational goals. This involves planning, monitoring, and controlling expenditures while aligning them with the strategic objectives of the organization. Effective management of the budget also includes forecasting future financial needs and ensuring compliance with relevant regulations and policies. Ultimately, it aims to promote financial stability and sustainability.

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Related Questions

The office of management and budget has the primary responsibility for doing what?

preparing the budget


What agency has the most responsibility for preparing the federal budget?

office of management and budget (OMB)


Fiscal responsibility and budget management Act?

which one of th following is th objective of fiscal responsiblity and budget management act ?


When was Office for Budget Responsibility created?

Office for Budget Responsibility was created in 2010.


Responsibility for budget preparation rests with who?

The budget is the responsibility of Congress. The president can make proposals but Congress does not have to follow them them.


Is the overall coordinating activity of the budget process is the responsibility of boad director?

no, it's the responsibility of the budget commitee


What is the abbreviation of department of budget and management?

OMB (Office of Management and Budget)


Which office of the EOP is responsible for publishing the president's budget?

(Office of Management and Budget)


Budget and management?

What is a budget vaiances and when should management take steps to correct them


What was the Production Budget for Anger Management?

The Production Budget for Anger Management was $56,000,000.


What office prepares a statement telling how the US government will distribute its financial resources over the next fiscal year?

office of management and budget


Which agency prepares the President's budget?

The Office of Management and Budget (OMB) , located at 725 17th Street, NW, Washington, DC 20503, helps the President draw up his budget recommendations. Office of Management and Budget (OMB) (Congress may or may not pay any serious attention to the budget from the President.)

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