Certified Government Financial Manager (CGFM) Practice Exam

Once a budget becomes law, it is the responsibility of the executive branch to implement it. This is because the executive branch operates the day-to-day functions of government and manages the execution of laws, including financial legislation like budgets. The executive branch encompasses various agencies and departments that allocate resources, direct spending, and manage programs in accordance with the approved budget.

On the other hand, the legislative branch provides oversight of the implementation of the budget. This involves monitoring expenditures, ensuring that funding is used as intended, and making necessary adjustments or providing evaluations on financial performance. The legislative branch's role is crucial for maintaining checks and balances in government, ensuring accountability, and representing the public interest.

Thus, the combination of the executive branch implementing the budget and the legislative branch overseeing it is fundamental to the proper functioning of government financial management, making this answer accurate and coherent with the principles of governmental structure.