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Public Budget Cycle

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Write in four-pages in which you define The Public Budget Cycle in a government agency of choice. Explain phases of budget cycle (preparation and submission, approval, execution and audit and evaluation) and how this relates to the overall organizational mission of the government agency.

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The expert writes a Public Budget Cycle for government agency of choice.

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The main purpose of budgeting is in the objective to making sure the designated projects are completed in a timely manner. The values in budget a public project where citizens are directly impacted greatly a functional process is in order for check and balances. Try and think of the public budget procedural process as a cycle of accountability from different divisions in reporting any discrepancies as well as data accordingly for system efficiency.

Let's take a look at the overall public budget cycle:

In order to functioning well the allocated resources are essential to formulating a way that monitors daily activities to balancing out sufficiently distributions. Keep in mind the government's budget is different from other types of budgeting due to the implementing policy according to the needs of the citizens. Thus, the functions in ...

Solution provided by:
Nichel Anderson, MBA, PhD (IP)
Education
  • BA, American Intercontinental University
  • MBA, American Intercontinental University
  • PhD (IP), Grand Canyon University
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