Question

What is the responsibility of the budget officer regarding deviations or variances?

a.

Determining deviations/variances

b.

Ascertaining causes of deviations/variances and informing the same to the appropriate authority/budget committee

c.

Only bringing to the attention of the budget committee the need for the revision of the budget

d.

Only compiling information about actual performance

Answer: (b).Ascertaining causes of deviations/variances and informing the same to the appropriate authority/budget committee Explanation:A budget officer is responsible for ascertaining causes of deviations/variances and informing the same to the appropriate authority/budget committee.

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Q. What is the responsibility of the budget officer regarding deviations or variances?

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