The budget itself and the administration of the budget are entirely accounting responsibilities.

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While accounting plays a significant role in the budget process, the budget itself and its administration are not solely accounting responsibilities. The budget process often involves collaboration among multiple departments and involves decision-making by executives and managers. The administration of the budget involves monitoring and adjusting spending throughout the year, which is typically the responsibility of managers and executives rather than accountants.

The Budget Itself and the Administration of the Budget Are