Which of the following is the primary reason why governments formally integrate their legally adopted budget into their accounting systems?
A) It is required by GASB.
B) It allows continuous monitoring of revenues and expenses to compare to budgets.
C) It keeps the government from knowing its budget.
D) It helps a government by letting it know when it is in danger of overspending its budget.

Question

Quizplus · Accepted Answer

Integrating the budget into the accounting system allows for continuous monitoring and comparison of actual revenues and expenses against the budget, ensuring financial control and accountability.

Which of the Following Is the Primary Reason Why Governments